The Finance Minister of India presented the Union Budget on February 1, 2023. The main focus of the budget (also referred to as the “Amrit Kaal Budget”) is on widening economic growth, boosting key areas like the start-up ecosystem, infrastructure, manufacturing (Make in India) and creating jobs.
The Budget made several fundamental tax changes impacting digital companies. Read the highlights below:
Who should be prepared?
- Digital Platforms and Marketplaces (especially foreign E-commerce Operators)
- Online gaming companies
Source Fonoa
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