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India proposes to remove a 6% tax on online ads to avoid U.S. tariffs, benefiting businesses.
The Indian government is proposing to abolish a 6% tax on online advertisements, known as the Equalisation Levy, in the Finance Bill 2025.
This move aims to ease tensions with the US, which threatened to impose retaliatory tariffs from April 2.
The tax, introduced in 2016, was applied to payments made by Indian businesses to foreign digital platforms like Google and Meta.
The proposal could benefit startups, small businesses, and large corporations by reducing their tax burden on digital advertising.
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India propone eliminar un impuesto del 6% sobre los anuncios en línea para evitar aranceles estadounidenses, beneficiando a las empresas.