https://www.taxtmi.com/news?id=16140 The Finance Bill, 2016 proposes an Equalization Levy at six per cent on consideration for specified digital services received or receivable by a non-resident from an Indian resident carrying on business or from a non-resident with a permanent establishment in India where the aggregate annual consideration exceeds the statutory threshold; the levy targets payments for services such as online advertising and is structured as a business-to-business tax. en-us Fri, 06 May 2016 18:42:57 +0530 Fri, 06 May 2016 18:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16140 The Finance Bill, 2016 proposes an Equalization Levy at six per cent on consideration for specified digital services received or receivable by a non-resident from an Indian resident carrying on business or from a non-resident with a permanent establishment in India where the aggregate annual consideration exceeds the statutory threshold; the levy targets payments for services such as online advertising and is structured as a business-to-business tax. News - Fri, 06 May 2016 18:42:57 +0530 https://www.taxtmi.com/news?id=16140