India will continue to impose the levy March 31, 2024, or till the implementation of Pillar 1 of the OECD agreement on taxing MNCs.

In 2020, the government had expanded the scope of the equalisation levy in a bid to tax internet giants' digital advertising revenues from ...

Earlier this month, 130 countries and jurisdictions signed an agreement to reform international tax rules and ensure that multinational ent...

India on Friday joined 130 countries in the G20-OECD inclusive framework to reform international tax rules to create a new global tax regim...

“All these issues can be examined by the government,” said Kamlesh Varshney, joint secretary said at CII post-budget event on Friday, while...

India and the US have been trying to thrash out a trade package with limited scope, with the long-term aim of a free trade agreement, amid ...

In India, a 6% equalisation tax is levied on gross payments received by global digital companies from Indian residents for online advertisi...

The revenue department submitted before the court that it would go by the Delhi Authority of Advance Ruling (AAR) order, in a separate case...

The company referred to Section 165A (2) (i) of the Income Tax Act, which states that the levy is not payable when a permanent establishmen...

The collections have increased from Rs 338 crore in 2016-17, the first year since the so-called Google tax of 6% was introduced, to Rs 589 ...

India has made a strong case for the imposition of equalisation levy on digital transactions, relying upon a ruling by the American Supreme...

In a six-page written submission to the United States Trade Representative (USTR), India said the levy is applicable only for companies wit...

The dialogue will be chaired by commerce and industry minister Piyush Goyal and US Secretary of Commerce Wilbur Ross. India has been pushin...

Currently, India levies 6% tax in the form of equalisation levy on digital companies advertising revenue.

Google India has remitted Rs 16,119.6 crore — all of it earned in India — to Ireland and Singapore.

The scheme provides an opportunity for settlement of cases emanating from retrospective amendment of tax laws, by asking companies to pay t...

High Court, upholding the Income-tax Appellate Tribunal order, ruled that only the incremental tax borne by employer should be brought to t...