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Tag: equalisation

Govt not considering extending equalisation levy deadline, says companies got enough time, Retail News, ET Retail

The government is not considering extending the deadline for payment of Equalisation Levy by non-resident e-commerce players, even though a majority of them are yet to deposit the first installment of the tax, an official said. The 2 per cent Equalisation Levy was introduced in the 2020-21 Budget and has come into effect from April …

Govt not considering extending equalisation levy deadline, says companies got enough time, Retail News, ET RetailRead More

‘Equalisation levy for digital e-commerce transactions’, Retail News, ET Retail

NEW DELHI: Foreign-owned e-commerce players will have to pay equalisation levy from the next fiscal. The levy, which hitherto was applicable only to digital advertising players such as Google, has now been expanded by way of a sweeping amendment to cover all sorts of digital e-commerce transactions into India, as well as those transactions which …

‘Equalisation levy for digital e-commerce transactions’, Retail News, ET RetailRead More