https://www.taxtmi.com/manuals?id=1685 The Equalisation Levy charges non-residents on consideration for specified services received from Indian residents or from non-residents with an Indian permanent establishment, subject to exclusions where services are effectively connected with a PE, where the annual consideration falls below the statutory threshold, or where payments are not for business purposes; the levy is inapplicable to consideration received on or after 1 April 2025. Income chargeable to the levy is exempt from income-tax under specified transitional provisions, but amounts treated as royalty or fees for technical services remain taxable under income-tax law and applicable agreements. en-us Sat, 29 Jul 2017 12:18:00 +0530 Tue, 10 Jun 2025 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1685 The Equalisation Levy charges non-residents on consideration for specified services received from Indian residents or from non-residents with an Indian permanent establishment, subject to exclusions where services are effectively connected with a PE, where the annual consideration falls below the statutory threshold, or where payments are not for business purposes; the levy is inapplicable to consideration received on or after 1 April 2025. Income chargeable to the levy is exempt from income-tax under specified transitional provisions, but amounts treated as royalty or fees for technical services remain taxable under income-tax law and applicable agreements. Manuals Income Tax Sat, 29 Jul 2017 12:18:00 +0530 https://www.taxtmi.com/manuals?id=1685