Significant economic presence thresholds are fixed for non-resident digital and transactional activity connected with India. Thresholds are prescribed for determining significant economic presence under the income-tax rules. For transactions carried out by a non-resident with ... Summary
Significant economic presence thresholds are fixed for non-resident digital and transactional activity connected with India.
Thresholds are prescribed for determining significant economic presence under the income-tax rules. For transactions carried out by a non-resident with any person in India in respect of goods, services or property, including download of data or software, the aggregate amount of payments is fixed at two crore rupees. For the user-based test, the relevant threshold is 300000 users for systematic and continuous business activities or interaction.
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