Finance minister Arun Jaitley's move to cut tax rate on royalty and fees for technical services will help technology companies bring down their tax rates. <br /><br />In the 2015 union budget, the minister cut the tax rate on royalty and fees for technical services from 25% to 10% saying that it will 'facilitate technology inflow to small businesses at low costs.' <br /><br /><br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive