1 June 20266 min read
Software Royalty Payments under FEMA: Remittance and Tax Guide
Learn about withholding tax (TDS) and FEMA remittance declarations for software license and royalty payments overseas.
FEMARCMIP
Software Royalty Remittances
Overseas payments for software licenses are classified as royalties and subject to double taxation treaty rules. You must deduct TDS (typically 10% under Section 195) and submit Form 15CA/15CB to your bank to approve the foreign remittance under FEMA rules.