India: Implementation of scope clarification for Equalisation levy
Description
Implementation of scope clarification for Equalisation levy
The Finance Act 2021 is adopted by the Indian Parliament. The Act amends the Equalisation levy to expand its scope. In particular, offline transactions are considered within scope if at least one of the following steps of transaction happens online:…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
platform intermediary: e-commerce, platform intermediary: e-commerce
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2021-02-01
under deliberation
2021-03-24
adopted