News & Media 25th Jul 2024

EL withdraws casts TDS compliance burden on Indian buyer

Authors

Mitesh Jain Partner | Mumbai

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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.

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