<ul><li>Finance Minister Nirmala Sitharaman has proposed to remove the 6% equalisation levy on online advertisements.</li><li>The proposed changes will come into effect on April 1, and the levy removal was approved by the Lok Sabha.</li><li>The equalisation levy, also known as the 'Google Tax', was introduced in 2016 to tax payments made by Indian businesses to foreign companies for digital advertising services.</li><li>The move to repeal the tax is seen as a response to avoid conflict with the US and strengthen India's ongoing trade talks with the country.</li></ul>

Centre Proposes Repealing 6% ‘Google Tax’ On Digital Ads

Discover more