Cos that don’t pay at least 28% tax in any country to be impacted; US plan to come in conflict with 15% tax offered by India to co setting ...

The Union Budget clarified that transactions taxable under income-tax are not liable for equalisation levy. In the past, there have been co...

In a statement, the commerce and industry ministry said there is no retrospective element as the levy was enacted before the 1st day of Apr...

Beginning this April, the government has introduced a 2% equalisation levy which would also be applicable. The question is whether 2% has t...

Whenever “taxes or foreign exchange rates change, the company has to update prices on the App store,” Apple told its consumers on the site....

The government had imposed a 2% tax in the budget for FY21 on the sale of goods or delivery of services through a non-resident ecommerce op...

The 2 per cent Equalisation Levy was introduced in the 2020-21 Budget and came into effect from April 1, 2020. The tax would be levied on c...

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

The 2 per cent Equalisation Levy was introduced in the 2020-21 Budget and has come into effect from April 1, 2020. The deadline for payment...

The government should consider keeping in abeyance the 2 per cent equalisation levy on e-commerce companies as there are ambiguities surrou...

Experts feel that the levy could be increased to 8 per cent from the present 6 per cent along with the scope, which could be exacerbated wh...

As per the BEPS action plan, OECD has recommended to impose a final withholding tax on certain payments for digital goods or services.

Last year the government had launched a similar scheme giving opportunity to people having unaccounted assets abroad to come clean by payin...

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

At present, equalisation levy is leviable only on payments relating to online advertisements, said C A Gupta, Partner, Deloitte Haskins and...

IAMAI said this provision of the Finance Bill has its genesis on a consultation paper by the Central Board of Direct Taxes (CBDT).

Assocham suggested the government to introduce the equalisation levy as part of Indian Income Tax Act itself and not as a separate chapter ...