https://www.taxtmi.com/news?id=38365 The government proposes abolishing the Equalisation Levy on online advertisement services via Finance Bill amendments, removing the digital tax retained since 2016 and aiming to address concerns over unilateral digital taxation and provide taxpayer certainty. The Bill also eases offshore fund investment compliance, revises search and seizure assessment procedures, and introduces the defined term Total Undisclosed Income to clarify that search and seizure proceedings target undisclosed income. en-us Mon, 24 Mar 2025 17:16:03 +0530 Mon, 24 Mar 2025 17:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38365 The government proposes abolishing the Equalisation Levy on online advertisement services via Finance Bill amendments, removing the digital tax retained since 2016 and aiming to address concerns over unilateral digital taxation and provide taxpayer certainty. The Bill also eases offshore fund investment compliance, revises search and seizure assessment procedures, and introduces the defined term Total Undisclosed Income to clarify that search and seizure proceedings target undisclosed income. News - Mon, 24 Mar 2025 17:16:03 +0530 https://www.taxtmi.com/news?id=38365