India’s equalization levy is unfair: USTR
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USTR said the tax is actionable under US laws which authorise withdrawal of trade concessions or imposing duties on exports from India
USTR identified 119 companies as likely liable under the digital services tax, of which 86, or 72%, were US companies
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India promised “appropriate action after a US Trade Representative (USTR) investigation report said New Delhi’s 2% tax on the digital economy is “unreasonable or discriminatory , potentially attracting withdrawal of US trade concessions or duties on Indian exports. The tax, called equalization levy, came into force in April 2020.
Chandigarh, January 7
Prime Minister Narendra Modi on Thursday dedicated the 306-km New Rewari-New Madar section of the Western Dedicated Freight Corridor (WDFC) to the nation.
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Freight corridors will help in development of new growth centres in India: PM Modi
PM Modi also flagged off the Double Stack Long Haul container train on electric traction from New Ateli-New Kishangarh during the virtual event. PM Modi inaugurates Rewari-Madar Section of the Western Dedicated Freight Corridor (PTI Photo)
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Updated: Jan 7, 2021, 12:57 PM IST
The eastern and the western dedicated freight corridors are being seen as a game-changer for India and will help in the development of new growth centres in different parts of the country, said Prime Minister Narendra Modi on Thursday. The eastern and the western dedicated freight corridors are being seen as a game-changer for India. It will help in the development of new growth centres in different parts of the country. It will work as the source of development for many parts of the nation, the Prime Minister said while inaugurating the 306 kilometres long Rewari-Madar section of the West
Jaipur (Rajasthan) [India], January 7 (ANI): Rajasthan Governor Kalraj Mishra said the 306 kilometers long Rewari-Madar section of the Western Dedicated Freight Corridor inaugurated by Prime Minister Narendra Modi on Thursday will lead to rapid industrial development in Rajasthan.