India has scrapped the 2% equalisation levy on digital companies, online education-providing firms, and SaaS providers without a permanent physical presence in India. The change will come into effect from 1 August 2024 via the 2024 Finance Bill.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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