https://www.taxtmi.com/acts?id=20550 An equalisation levy is chargeable on the amount of consideration for specified services received or receivable by a non-resident from a person resident in India carrying on business or profession, or from a non-resident having a permanent establishment in India, at the statutory rate. Exemptions apply where the service is effectively connected with a permanent establishment in India, where aggregate consideration falls below the statutory threshold, or where the payment is not for the purposes of carrying on business or profession. en-us Mon, 29 Feb 2016 17:51:56 +0530 Mon, 29 Feb 2016 17:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20550 An equalisation levy is chargeable on the amount of consideration for specified services received or receivable by a non-resident from a person resident in India carrying on business or profession, or from a non-resident having a permanent establishment in India, at the statutory rate. Exemptions apply where the service is effectively connected with a permanent establishment in India, where aggregate consideration falls below the statutory threshold, or where the payment is not for the purposes of carrying on business or profession. Act-Rules Bills Mon, 29 Feb 2016 17:51:56 +0530 https://www.taxtmi.com/acts?id=20550