India To Levy New Tax On Foreign E-Commerce Companies
Indian currency notes of Rs 2,000 denomination are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India To Levy New Tax On Foreign E-Commerce Companies

India will levy an equalisation levy of 2 percent on sales made by foreign e-commerce companies in the country.This will impact those companies that don’t have a base in India, but sell their goods...
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