https://www.taxtmi.com/news?id=38394 Abolition of the Equalisation Levy on online advertisement services is proposed to take effect from April 1, 2025, removing the statutory 6% digital advertising charge by rendering the Finance Act, 2016 provision inapplicable on and after that date. The amendment lifts the specific tax burden on digital advertisers and platforms and is accompanied by related tax-law changes addressing offshore fund investments and revisions to search-and-seizure assessment rules, including articulation of Total Undisclosed Income. en-us Mon, 24 Mar 2025 19:01:03 +0530 Mon, 24 Mar 2025 19:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38394 Abolition of the Equalisation Levy on online advertisement services is proposed to take effect from April 1, 2025, removing the statutory 6% digital advertising charge by rendering the Finance Act, 2016 provision inapplicable on and after that date. The amendment lifts the specific tax burden on digital advertisers and platforms and is accompanied by related tax-law changes addressing offshore fund investments and revisions to search-and-seizure assessment rules, including articulation of Total Undisclosed Income. News - Mon, 24 Mar 2025 19:01:03 +0530 https://www.taxtmi.com/news?id=38394