Taxation on Digital Advertising/Business

As part of the measures to address the tax challenges posed by the increased digitalization of the economy, an “equalisation levy” was introduced by the Finance Act, 2016 on certain non-resident businesses. The levy was applied at a rate of 6% on certain “specified services”—such as online advertisement and any provision for digital advertising space or any other facility or service for the purpose of online advertisement. The measure imposes an obligation on Indian business residents to deduct the amount of the equalisation levy on payments made for such specified services and to remit the amounts to the government. You can Reach us: asijabrothers09@gmail.com

الفئة