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Equalisation Levy

Latest Articles


Taxing Digital Economy

Income Tax : Explore the complexities and solutions of taxing the digital economy, including BEPS Action-1, Pillar-1 reforms, and the challenge...

August 13, 2024 480 Views 0 comment Print

Equalization Levy under Union Budget 2024

Income Tax : Union Budget 2024 partially abolishes the equalization levy, easing tax for foreign firms and simplifying compliance. Learn about ...

July 31, 2024 3030 Views 0 comment Print

Taxation of international e-commerce transactions conducted in India

Income Tax : Explore India's taxation laws on international e-commerce transactions, including equalisation levy, withholding tax, and implicat...

July 20, 2024 2265 Views 0 comment Print

Equalisation Levy on Online / Digital Advertisement

Income Tax : Learn about India's Equalisation Levy, targeting digital transactions like online advertisements by foreign e-commerce firms. Unde...

July 2, 2024 354 Views 0 comment Print

Digital Taxation: Strategies and Implications for Global Economies

Income Tax : Delve into the complexities of digital taxation, exploring its evolution, significance, and global responses. Learn about fair ta...

April 30, 2024 1158 Views 0 comment Print


Latest News


Budget 2024: 2% Levy on E-commerce Transactions Ends August 1, 2024

Income Tax : Key changes to Equalisation Levy from August 2024: the 2% tax on e-commerce transactions will be removed. Learn about the new prov...

July 25, 2024 957 Views 0 comment Print

India and USA extend Transitional Approach on Equalisation Levy 2020

Finance : Learn about the extension of India-USA agreement on Equalisation Levy 2020 until June 30, 2024, amidst OECD/G20 negotiations on di...

June 29, 2024 306 Views 0 comment Print

India & USA agree on a transitional approach on Equalisation Levy 2020

Income Tax : On October 8, 2021, India and United States joined 134 other members of the OECD/G20 Inclusive Framework (including Austria, Franc...

November 25, 2021 1323 Views 0 comment Print

Taxation of Digital Businesses

Income Tax : The Government has not held any consultation regarding taxation of digital businesses as such. However, to address the challenges ...

February 12, 2019 1287 Views 0 comment Print

Equalization levy of 6 per cent on online advertisers

Income Tax : The Government has introduced equalization levy of 6 per cent on online advertisers. The Finance Act, 2016 had inserted a separate...

December 10, 2016 1588 Views 0 comment Print


Latest Judiciary


Equalization levy not applicable on person merely acting as conduit

Income Tax : ITAT Jaipur held that equalization levy not applicable as role of the assessee is merely conduit between the entity carrying out t...

October 14, 2022 1881 Views 0 comment Print

TDS not deductible on Payment to Facebook Ireland for Advertisement

Income Tax : Addl. CIT Vs Lenskart Solution (P) Ltd. (ITAT Delhi) It was claimed by the Assessee that as the Assessee had made the payment to F...

April 10, 2022 8130 Views 0 comment Print

No Equalisation Levy Applicable in case of Mastercard Asia

Income Tax : The issue under consideration is whether the equalisation levy will be applicable in case of Mastercard Asia or not?...

August 25, 2020 3066 Views 0 comment Print


Latest Notifications


Centralised Processing of Equalisation Levy Statement Scheme, 2023

Income Tax : Centralised Processing of Equalisation Levy Statement Scheme, 2023 shall be applicable in respect of processing of Equalisation Le...

February 7, 2023 4101 Views 0 comment Print

CBDT extends due dates for electronic filing of various Forms

Income Tax : CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961 On consideration of difficulties repo...

August 3, 2021 7593 Views 0 comment Print

Government extends timelines for Income Tax Assessment (Read Notification)

Income Tax : Central Government has decided to extend the time limits to 30th June, 2021 in the following cases where the time limit was earlie...

April 27, 2021 69456 Views 4 comments Print

CBDT notifies Equalisation levy (Amendment) Rules, 2020 & Forms

Income Tax : Payment of Equalisation levy. ─ The assessee or e-commerce operator, as the case may be, who are required to deduct and pay equa...

October 28, 2020 5277 Views 0 comment Print

Revised Jurisdiction Order regarding Equalization Levy

Income Tax : Principal Chief Commissioner of Income-tax (International Taxation), Delhi, in supersession of this office order no. 1/2020 dated ...

October 12, 2020 1563 Views 0 comment Print


Latest Posts in Equalisation Levy

Taxing Digital Economy

August 13, 2024 480 Views 0 comment Print

Explore the complexities and solutions of taxing the digital economy, including BEPS Action-1, Pillar-1 reforms, and the challenges of digital tax administration.

Equalization Levy under Union Budget 2024

July 31, 2024 3030 Views 0 comment Print

Union Budget 2024 partially abolishes the equalization levy, easing tax for foreign firms and simplifying compliance. Learn about the updated provisions here.

Budget 2024: 2% Levy on E-commerce Transactions Ends August 1, 2024

July 25, 2024 957 Views 0 comment Print

Key changes to Equalisation Levy from August 2024: the 2% tax on e-commerce transactions will be removed. Learn about the new provisions and their impact.

Taxation of international e-commerce transactions conducted in India

July 20, 2024 2265 Views 0 comment Print

Explore India’s taxation laws on international e-commerce transactions, including equalisation levy, withholding tax, and implications for non-resident operators.

Equalisation Levy on Online / Digital Advertisement

July 2, 2024 354 Views 0 comment Print

Learn about India’s Equalisation Levy, targeting digital transactions like online advertisements by foreign e-commerce firms. Understand applicability, compliance, and consequences.

India and USA extend Transitional Approach on Equalisation Levy 2020

June 29, 2024 306 Views 0 comment Print

Learn about the extension of India-USA agreement on Equalisation Levy 2020 until June 30, 2024, amidst OECD/G20 negotiations on digital economy tax challenges.

Digital Taxation: Strategies and Implications for Global Economies

April 30, 2024 1158 Views 0 comment Print

Delve into the complexities of digital taxation, exploring its evolution, significance, and global responses. Learn about fair taxation, revenue generation, and the quest for international cooperation.

Evolution of Equalization Levy: 2016 to 2020 and Impact on E-commerce

February 5, 2024 1125 Views 0 comment Print

Explore the evolution of India Equalization Levy, from its introduction in 2016 to the 2020 amendments, focusing on e-commerce operators. Learn about applicability, classifications, exemptions, and the impact on global tech giants.

Equalisation Levy: Taxing Digital Services for Global Commerce Growth

January 23, 2024 2373 Views 0 comment Print

Introduction: Equalisation Levy, introduced by the Indian government, aims to tax specific digital services provided by non-resident e-commerce operators. It ensures taxation in India for income derived from digital services. Applicability of Equalisation Levy: Equalisation Levy is governed by Section 165 and Section 165A of the Finance Act, 2016, not the Income Tax Act, 1961. […]

Have you availed the services on which Equalization levy is levied?

January 15, 2024 2949 Views 0 comment Print

Explore impact of Equalization Levy (EL) on specified services. Learn about rates, responsibilities, due dates, and consequences for non-adherence. Stay compliant with EL regulations

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