Finance Minister Nirmala Sitharaman on Thursday said the ongoing process of rationalizing customs duties and withdrawing the 6 per cent equalization levy, which began in 2023, is independent of any global events and will continue.
Washington [US], November 25 (ANI): The United States supports India's announcement of their agreement to a transition from the existing India equalization levy to the new multilateral solution, and both countries have committed to working together through constructive dialogue on this matte
New Delhi [India], November 24 (ANI): India and United States have agreed that the same terms that apply under the October 21 Joint Statement shall apply between Washington and New Delhi with respect to India's charge of 2 per cent equalisation levy on e-commerce supply of services and the U
Washington [US], March 27 (ANI): The United States has proposed retaliatory action against taxation including equalisation levy (EL) on digital services by India and other countries.
New Delhi [India], January 8 (ANI): India on Thursday said that two per cent equalisation levy does not discriminate against any US company as it applies equally to all non-resident e-commerce operators, irrespective of their country of residence.