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Google tax mop-up reaches Rs 2,600 cr since India began levying equalisation tax in 2016

Google tax mop-up reaches Rs 2,600 cr since India began levying equalisation tax in 2016
Google tax mop-up reaches Rs 2,600 cr since India began levying equalisation tax in 2016

Synopsis

The collections have increased from Rs 338 crore in 2016-17, the first year since the so-called Google tax of 6% was introduced, to Rs 589 crore the following year, government data showed. In 2018-19, the proceeds rose further to Rs 939 crore, the people said. One of them said the total proceeds till last fiscal year would top Rs 2,600 crore.

NEW DELHI: India has collected more than Rs 2,600 crore by taxing digital advertising since it began levying the equalisation tax in 2016, people in the know said, even as the government has now expanded the scope of the levy to include transactions by foreign ecommerce operators as well.The collections have increased from Rs 338 crore in 2016-17, the first year since the so-called Google tax of 6% was introduced, to Rs 589 crore the following
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