Eye Share: Digital Economy Taxation Saga –Deconstructing Equalization Levy & GST from an Indian-Tax Standpoint

Owing to the lack in arriving at a universally acceptable multilateral solution for levying tax on digital transactions, several countries have unilaterally started imposing tax on digital transactions under the nomenclature digital tax or digital services tax.Authors Rushil Shah and Amar Naik (Chartered Accountants) elaborately discuss the concept of Equalization Levy (EL) from an Indian tax standpoint while comparing the same with the OECD reco...