Budget 2024: FM Proposes to Withdraw 2% Equalization Levy for E-commerce [Read Bill]

The FM Proposes withdrew the 2% equalisation levy for E-commerce.
By Navasree A.M - On July 23, 2024 7:23 pm - 2 mins read
Budget 2024 - FM - Withdraw 2% Equalization Levy - E-commerce - TAXSCAN 1

The Finance Minister’s Budget 2024 proposal to withdraw the equalisation levy for e-commerce. Presented on July 23, 2024, the budget introduces changes to income tax slabs, long-term capital gains ( LTCG ), and short-term capital gains ( STCG ) rates, among others. Effective August 1, 2024, the 2% equalisation levy will no longer apply to…

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