India: Finance Act 2025 (No. 7) including abolition of equalisation levy on digital advertisement services was signed by President
Description
Finance Act 2025 (No. 7) including abolition of equalisation levy on digital advertisement services was signed by President
On 29 March 2025, the President of India signed into law the Finance Act 2025 (No. 7). The Finance Act 2025, includes the abolition of the 6% compensatory levy on remuneration for online advertising services provided by non-resident entities with ef…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
online advertising provider, platform intermediary: user-generated content, platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2025-02-01
under deliberation
2025-03-25
under deliberation
2025-03-27
adopted
2025-03-29
adopted
2025-04-01
in force