Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Bill 2024 amends Section 163 and exempts e-commerce operators under Section 165A from equalisation levy.</h1> Clause 157 of the Finance (No. 2) Bill, 2024 proposes amendments to the Finance Act, 2016. It revises Section 163 to apply to consideration for specified services and e-commerce services provided from April 1, 2020, to August 1, 2024. Additionally, it introduces a new sub-section (4) in Section 165A, exempting e-commerce operators from the equalisation levy on services provided on or after August 1, 2024. These changes are effective retrospectively from August 1, 2024.