equalisation

New Delhi: The Reserve Bank of India (RBI) on Tuesday issued modified norms on Interest Equalization Scheme for export credit after the extension of the scheme till March 2024 by the government. Earlier, the government approved the…

New Delhi: India will abolish the equalisation levy imposed on multinational technology companies such as Google, Facebook, Netflix and Amazon among others only after a new mechanism to allocate revenues of such entities among countries…

India, and 135 other countries have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15% rate. India may have to withdraw digital services tax or the equalisation…

Mumbai: A company filed a writ petition in Delhi High Court seeking clarity on application of equalisation levy or royalty in certain software and digital transactions between tech multinationals and Indian entities. Technically, both 10%…