In this edition of Business Insight, find out what are the implications of a digital tax.
The decision to introduce a new levy in India for digital companies with presence in multiple countries has created a furore.
From April 1, 2020, foreign digital companies in India were required to pay an equalisation levy of 2 percent on e-commerce transactions here.
The levy, announced by Finance Minister Nirmala Sitharaman in February’s budget, applies only to non-resident companies selling goods and services online.
In this edition of Business Insight, find out what are the implications of a digital tax.
First Published on Jul 20, 2020 10:45 pm