On July 1, the Organisation of Economic Co-operation and Development (OECD) adopted a high-level statement containing an outline of the possible solution to address the tax challenges arising from the ...

In a major setback, India will have to give up on its much-contentious equalisation levy or the so-called ‘Google Tax’ as part of the global tax deal agreed by 136 countries late on Friday. It is part ...

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 ...

It has been nearly a year since the scope of equalisation levy (EQL) was widened to include a 2% levy on consideration received or receivable by a non-resident e-commerce operator from e-commerce ...

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 ...

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 ...