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Levy of Tax on Digital Services

News and Press Release - Dated:- 6-5-2016 - A Committee constituted by the Central Board of Direct Taxes (CBDT) has recommended for the levy of tax on most digital services. The Committee constituted to examine taxation of E-Commerce, has recommended .....

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services, including online advertising, any services for online advertising and digital advertising space. The Finance Bill, 2016 proposes equalization levy at the rate of 6% of the amount of consideration for specified services received or receivabl .....

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