This decision, announced in the Finance Bill 2025-26, will benefit global tech companies like Google, Meta, and Amazon by ...
The equalisation levy, popularly known as the ‘Google Tax,’ will likely hit more foreign companies and not just the top players. During the Union Budget 2021 on Monday, the government announced ...
The government on Monday proposed to abolish the Equalisation Levy or digital tax on online advertisements from April 1, a move that will benefit advertisers on digital platforms like Google, X and ...
On October 8, 2021, a “landmark” deal was reached amongst more than 130 countries where the broad contours of Two Pillar Solution to Address the Tax Challenges arising from the Digitization of the ...
Finance Minister Nirmala Sitharaman on Tuesday clarified that foreign companies will not have to pay equalisation levy on goods that are sourced from India. “Through the amendment I am moving today, I ...
India introduced ‘Equalisation Levy 2.0’ (EL 2.0) vide Finance Act 2020, beginning 1 April 2020. The levy is applicable on non-resident e-commerce operators (ECO) for consideration received from ...
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