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Jammu & Kashmir may now attract tax on Facebook, Google: Report

Jammu & Kashmir may now attract tax on Facebook, Google: Report

Thursday, August 8, 2019, 8:09 AM

An equalisation levy may now be applicable in J&K after the central government abrogated Article 370 on August 5. As per a report by Business Standard, industry experts believe the tax may be applicable to the region but only after specific amendments are made. Equalisation levy is a form of direct tax levied on digital advertising on operators like Facebook, Google, Amazon and Flipkart.
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