You Searched For "equalisation levy" and got 20 results
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2 mins read
India-US agrees to extend 2% digital tax on e-commerce supplies until June 30
On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…
ANI
2 mins read
Digital service tax explained: India backs out of equalisation levy after global tax agreement kicks in
The expanded equalisation levy became applicable from April last year to a range of digital se…
3 mins read
Equalisation levy on crypto exchanges in India will not apply to investors, according to the Finance Minister
The controversial Google Tax, which has historically been imposed on foreign companies — like Am…
2 mins read
India’s grand e-commerce policy is on hold but the likes of Amazon, Flipkart, and even Netflix are already paying the price for not being ‘Made in India’
And the Indian government is cognizant of the rising e-commerce sector. While its much-awaited e…
2 mins read
Sudden imposition of equalisation levy on e-tailers in these challenging times is shocking: IAMAI
"This sudden imposing of an additional levy at such times will only make matters worse, as it will…
PTI
2 mins read
I-T dept amends tax challan to include non-resident e-commerce suppliers for equalisation levy
"This has rather imposed a burdensome and challenging task for non-resident e-commerce players to …
PTI
1 min read
Paid apps from Google and Apple might cost you more from next year
"Given that the definition of 'online' includes services through any other form of digital network,…
1 min read
LinkedIn won't pass on equalisation levy to companies. Google, Facebook are you listening?
Since, the Indian government cannot tax these multinationals directly having no establishment in th…
1 min read
Google Tax is applicable from today, whether startups like it or not
The equalisation levy aims at bringing internet giants such as Google and Facebook under the tax ne…
1 min read
Cash starved startups feel gloomy over proposed ‘equalisation levy’ on online ads
However, this proposal has not gone down well for cash strapped startups, who say the levy will put…
1 min read
India is preparing to bring Google, Facebook and Twitter under an ‘equalisation levy’
In this regard, the Indian government has found a way of earning something from the profits that th…
2 mins read
India’s crypto taxes may reportedly spell bad news for DeFi firms
This should be a point of relief for gaming platforms and fintech firms, which were worried ab…
2 mins read
India’s crypto consultation paper is ‘fairly ready’
Speaking at a Finance Ministry event on May 30, Ajay Seth, the Economic Affairs secretary, said tha…
3 mins read
India is reportedly mulling over a new crypto tax which could make trading on foreign exchanges more expensive
However, this doesn't clarify why a tax meant for companies will mean for individuals with…
3 mins read
Buying NFTs may get more expensive for Indians as the government mulls over double taxation
Non-fungible tokens (NFTs) have become a buzzword in India, even among those who may not necessaril…
2 mins read
Facebook India's net profit doubles in fiscal 2020 whereas Google only saw a 23.9% increase
The net profit increased by over 107 per cent to Rs 135.7 crore in FY20 as compared to Rs 65.3 c…
PTI
2 mins read
Amazon, Flipkart, Microsoft to pay 2% extra tax now
The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2 per cent…
3 mins read
Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation
The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …
2 mins read
Budget 2022: US companies look at tax parity, transparency, predictability
Mukesh Aghi, president, US India Strategic and Partnership Forum (USISPF) said the American compan…
PTI
2 mins read
PAN-Aadhaar linking deadline extended to June 30
In a major relief to users who were unable to link their PAN with their Aadhaar, the Income Tax dep…