In a major setback, India will have to give up on its much-contentious equalisation levy or the so-called ‘Google Tax’ as part of the global tax deal agreed by 136 countries late on Friday. It is part ...

The government on Monday proposed to abolish the Equalisation Levy or digital tax on online advertisements from April 1, a move that will benefit advertisers on digital platforms like Google, X and ...

No state gains more from Germany’s fiscal equalisation system than Berlin — a fact that continues to spark criticism from ...

Finance Minister Nirmala Sitharaman on Tuesday clarified that foreign companies will not have to pay equalisation levy on goods that are sourced from India. “Through the amendment I am moving today, I ...

On October 8, 2021, a “landmark” deal was reached amongst more than 130 countries where the broad contours of Two Pillar Solution to Address the Tax Challenges arising from the Digitization of the ...

India introduced ‘Equalisation Levy 2.0’ (EL 2.0) vide Finance Act 2020, beginning 1 April 2020. The levy is applicable on non-resident e-commerce operators (ECO) for consideration received from ...

Guaranteed minimum pensions are still causing a lot of head-scratching in the pensions industry. While the High Court confirmed in October 2018 that pension benefits do need to be equalised for the ...