Page 11 - Equalisation Levy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Revenues from software: No more a dispute April 6, 2021, 10:27 PM IST Jyoti Arora, joint partner, & Pragya Kaushik, associate, Lakshmikumaran & Sridharan Attorneys The taxation battlefield in India has been witness to a lot of complex issues being fought over by the taxman and the taxpayer in long-drawn disputes, spanning over years. Some of these disputes gain notoriety, not just for the complicated questions of law involved therein, but also because they result in divergent rulings from the various High Courts (HC). Recently, one such dispute has be...

NEW DELHI: The US Trade Representative in its latest report on Foreign Trade Barriers released on March 31 has underscored major trade barriers to American exports, foreign direct investment and e-commerce. Duties have been increased across two large groups: Labour-intensive products and electronics and communication devices, such as cell phones, televisions, and related parts and components. This comes days after the USTR proposed a retaliatory trade action — of up to 25% tariffs on basmati rice, seafoods and gold — against India for imposing equalisation levy on certain American compan...

New USTR slams India's high tariffs, equalisation levy ​ By IANS | ​ 8 Views Will India benefit under new US trade Czar Katherine Tai?.. Image Source: IANS News New Delhi, April 5 : The US Trade Representative (USTR) in its latest report on Foreign Trade Barriers released on March 31 has highlighted major trade barriers to American exports, FDI and e-commerce. This report has been issued by Joe Biden Administration's newly appointed USTR, Katherine Tai who replaced Ambassador Robert Lighthizer after Donald Trump lost the election last year. It has found India's trade policies discrimina...

India to tell America to drop retaliatory tariffs set in motion by equalisation levy SECTIONS Share Synopsis This comes days after the USTR proposed a retaliatory trade action — of up to 25% tariffs on basmati rice, sea foods and gold — against India for imposing equalisation levy on certain American companies. New Delhi will likely approach the United States Trade Representative (USTR) with a request to drop the proposed ‘retaliatory’ taxes, or tariffs, applicable to shipments of some Indian products to the US. This comes days after the USTR proposed a retaliatory trade action — of...