<h1>India Proposes 6% Equalization Levy on E-Commerce for Non-Residents in Finance Bill 2016.</h1> A committee under the Central Board of Direct Taxes has recommended imposing a tax on digital services, specifically targeting E-Commerce. The proposed Equalization Levy, ranging from six to eight percent, applies to non-residents receiving over one lakh rupees from Indian residents or permanent establishments for specified digital services such as online advertising. The Finance Bill, 2016, suggests a 6% levy on such transactions, affecting only business-to-business dealings, with no direct consumer impact. This information was disclosed by the Minister of State for Finance in a written response to the Lok Sabha.