The proposed withdrawal of the 2% equalization levy (EL) provides relief to non-resident digital companies as the consideration received or receivable for e-commerce supply or services or after Aug 1, 2024 will not be subject to this tax.
The Times of India’s #lubnakably ‘s recent column, “EL withdraws casts TDS compliance burden on Indian buyer” discuss this with expert comments from our Partner Mitesh Jain.
