Global lobbying groups call for delay in India's new digital tax - PRATEEK

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Wednesday, April 29, 2020

Global lobbying groups call for delay in India's new digital tax

Nine lobbying groups including the US Chamber of Commerce have urged India to delay a new digital tax that will hit firms such as Facebook and Google as they are battling the fallout of the coronavirus, as per reports. From April 1, the govt imposed a new 2% tax on foreign transactions where companies take payment abroad for digital services provided in India.

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