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<h1>'Electronic Verification Code' Defined in Equalisation Levy Rules 2016; Introduced via Notification on October 28, 2020.</h1> In the Equalisation Levy Rules, 2016, 'Act' refers to the Finance Act, 2016. The term 'electronic verification code' is defined as a code generated for verifying the person submitting the statement of specified services, according to the standards set by the Principal Director-General or Director General of Income-tax (Systems). 'Form' refers to the forms included within these rules. The definition of 'electronic verification code' was introduced through a notification dated October 28, 2020.