Equalisation Levy Tax in India & its effects on Real Estate Digital Marketing

Equalisation Levy Tax in India & its effects on Real Estate Digital Marketing

Sumant Goenka explain the Equalisation Levi Tax rules and how it affects Real Estate Digital Marketing – CBDT notification 38/2016. What is Equalisation Levy tax? June 1 onwards an Equalisation Levy of 6% will be deducted by a business entity in India that makes payments exceeding Rs. 1 Lakh in the aggregate in a financial year to a non-resident service provider for specified services. What are the services that fall under this rule? Specified services under this rule cover online advertisements, provision for digital advertising space or any other facility or services for…Read more …