EQUALISATION LEVY 2020: THE NEED TO REVISIT INDIA’S NEW DIGITAL TAX
India’s digital ecosystem, vital for its economy, has faced a recurring issue of burdensome taxation. The Finance Bill of 2020 introduced a sudden amendment imposing a 2% equalization levy on e-commerce operators without prior stakeholder consultation, resulting in a provision fraught with ambiguity. The lack of clarifications has led even unintended companies to bear this […]
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