Breaking: India to give up on equalisation levy from 2023 under new OECD tax deal

Conceding ground, India also settled for a re-allocation of only 25 per cent of non-routine profits of these entities above a 10-per cent margin, as against its stand for at least 30 per cent re-allocation, leaving little for New Delhi to gain.

Related Keywords

India ,Ireland ,New Delhi ,Delhi ,Akhilesh Ranjan ,Google ,Digital Services ,Netflix ,Facebook ,Multilateral Convention ,Microsoft ,Google Tax ,Digital Services Taxes ,Global Digital Tax ,Central Board ,Direct Taxes ,Pillar Two ,India To Give Up On Equalisation Levy ,What Is Equalisation Levy ,New Oecd Tax Deal ,Global Tax Deal On Equalisation Levy ,Oecd Beps Deal ,Hare Profits ,Ndia Global Tax ,Lobal Tax Regime ,Facebook Tax ,Microsoft Tax ,