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India ditches its 'Google Tax', perhaps to tickle Trump

India's lower house of parliament passed a budget that removed a tax on digital ads, known as the equalisation levy, which had been established in 2016 and raised INR 3,343 Cr last year.
Finance Minister Nirmala Sitharaman stated that the removal addresses 'the uncertainty in international economic conditions' during her speech in parliament.
India previously dropped a two percent equalisation levy on foreign e-commerce companies due to its ambiguity and compliance burden, as noted by Sitharaman last year.
The decision to drop the levy may prevent US tariffs on Indian tech exports but could result in India losing revenue sources.

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The Register

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India ditches its 'Google Tax', perhaps to tickle Trump

: Binned an e-commerce tax last year so this may not be complete capitulation

3 days ago

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insidetrade.com

Center

Citing ‘international economic conditions,’ India drops digital services tax

The Indian government on Monday took the first step in eliminating a 6 percent equalization levy on foreign online advertising platforms that has been sharply criticized by U.S. officials and business groups. India’s lower house of Parliament adopted a government-proposed amendment to its annual budget that would eliminate the equalization levy, with Indian Finance Minister Nirmala Sitharaman telling the body the decision was made to “address un…

4 days ago

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Colorado Springs Gazette

Lean Right

India plans to scrap digital ad tax to ease U.S. concerns, source says

By Aftab Ahmed and Manoj Kumar

4 days ago

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News18 India

Lean Right

Good News For Google, X, Meta: Govt To Abolish Equalisation Levy On Online Advertisements From April 1

As part of the amendment, effective April 1, 2025, the 6 per cent Equalisation Levy on online advertisements will be abolished. This will reduce the tax burden on digital ad consumers and costs on platforms like Google, X and Meta.

5 days ago·India

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www.bestmediaifo.com

Google Tax abolition reveals tax evasion tricks by big tech giants

New Delhi: With the Narendra Modi government abolishing the Equalisation Levy, loosely termed the "Google Tax," analysts downplayed its significance, stating that the amount is unlikely to have any major impact. “While it stands to benefit US tech giants like Google, Amazon, and Meta, analysts suggest the financial impact on India’s treasury will be minimal,” a media and entertainment industry analyst told BestMediaInfo.com. The government gener…

2 days ago

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NDTV Profit

India Proposes To Axe ‘Google Tax’ Amid Donald Trump’s Reciprocal Tariff Threat—What It Means

India plans to scrap a 6% tax on digital advertisements, a move that will ease costs for US technology giants such as Google, Meta, and Amazon. The decision, expected to come into effect from Apr. 1, aims to ease the ongoing trade tensions with the US under President Donald Trump.The 6% equalisation levy, also referred to as ‘Google Tax’ informally, will be scrapped as part of 35 amendments to the Finance Bill, 2025. Finance Minister Nirmala Si…

2 days ago

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