In India, 10 Million new internet users were added every
month in the year 2018. It was also found that 90% of the
new internet users preferred regional language.
Tag: ecommerce
Digital Tax in India: 2% Equalisation levy
Introduced in the Finance Act 2016, an “equalisation levy” at the rate of 6% (on the nonresident companies indulged in the digital advertisement space) sought to address the tax-related challenges by the growing digitization of the Indian economy. Effective from 1 April 2020, the scope has been widened to cover the levy of 2% on… Continue reading Digital Tax in India: 2% Equalisation levy
How can India benefit from the current shifts in demand and economic parameters?
Interventions by the Indian government in the following subjects may help benefit the business amid Coronavirus: