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ECONOMIC EQUALISER
A desi AI kill chain? Indian military steps towards battlefield AIIndia's armed forces are working alongside Sarvam AI to establish a unified framework for military operations. The initiative focuses on im...- AI an economic equaliser, tech at its best when inclusive, democratic: Google India's Preeti LobanaPreeti Lobana from Google India emphasises the transformative power of AI for small and medium businesses. She highlights the importance of...
- AI an economic equaliser, tech at its best when inclusive, democratic: Google India's Preeti LobanaGoogle underscores the pivotal role of artificial intelligence in promoting economic equality and inclusivity among businesses. Preeti Loba...
- Bengaluru-based founder criticises Whitefield traffic situation after daughter's school bus stuck for over 2 hours in Varthur-Gunjur, says it is a daily occurrenceBengaluru entrepreneur Ritish Reddy said his daughter was stuck in traffic for two hours on Varthur Road on September 17. The Zluri CEO sha...
- An export overhaul could see SEZs shifting from Videsh to DESHIndustrial units will be called Development of Enterprise and Service Hubs (DESH) that may be allowed to sell in the domestic market, and c...
- Crypto tax set to complicate life for the exchangesWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract a 2...
- Multinationals want clarity on scope of equalisation levy after OECD dealIn 2020, the government had expanded the scope of the equalisation levy in a bid to tax internet giants' digital advertising revenues from ...
- Equalisation levy on Facebook, Amazon, Google may go only in 2-3 yearsIndia gets about Rs 4,000 crore through equalisation levy on multinational tech firms like Facebook, Amazon, Apple, Google and Netflix, but...
- India to tell America to drop retaliatory tariffs set in motion by equalisation levyThis comes days after the USTR proposed a retaliatory trade action — of up to 25% tariffs on basmati rice, sea foods and gold — against Ind...
- India-US trade deal on track, niggles almost sorted: Commerce secretaryIndia 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 ...
- US launch investigations on India’s equalisation levy, other taxes levied on global digital majorsCurrently, India levies 6% tax in the form of equalisation levy on digital companies advertising revenue.
- Govt should keep in abeyance equalisation levy on non-resident e-commerce cos: ExpertsThe government should consider keeping in abeyance the 2 per cent equalisation levy on e-commerce companies as there are ambiguities surrou...
- Startups seek clarity on key tax issuesThe companies raised these issues during a recent meeting with finance minister Nirmala Sitharaman and senior tax officials, according to a...
- View: Why the 15th Finance Commission is not a zero sum gameFrom the point of view of equalisation, the adoption of population figures of 2011 Census as one of the criteria of devolution appears to b...
- Google Tax could soon make even downloading apps on your smartphone a costly affair!While the Google tax is 6%, the actual burden could be about 7-8%, mainly due to the grossing up of taxes. Currently, it is applicable only...
- Apple, Netflix, Microsoft, Amazon and IBM may have to pay 'Google Tax' in IndiaCloud computing companies and content providers may be needed to pay equalisation levy on their revenue from the next financial year.
- Equalisation levy to make apps purchased on Apple, Google platforms dearer by 8%The levy, a tax on cross-border digital transactions, will next be applied on mobile applications bought from companies such as Apple and G...
- Introduce equalisation levy as part of Income Tax Act: AssochamAssocham suggested the government to introduce the equalisation levy as part of Indian Income Tax Act itself and not as a separate chapter ...
- Govt extends IDEA scheme for five yearsThe government today extended for five years its economic assistance programme IDEAS under which line of credit is provided to African as w...
- Jitan Ram Manjhi narrates Bihar growth story at London School of EconomicsSpeaking at a function last evening, the Chief Minister spoke in detail about the 'Bihar Model of Development' which has been appreciated .
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