TMI BlogBill's Clause 162 Introduces 6% Equalisation Levy on Nonresident Specified Services for Specified Persons.Charge of equalisation levy - Clause 162 of Bill provides for charge of equalisation levy at the rate of six per cent. of the amount of consideration for any specified service received or receivable by a person, being a nonresident from the persons referred therein. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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