India's Google tax revenue will decline

Maharashtra Today20 Jul, 2020News

New Delhi: India has collected Rs 2,650 crore in revenue since the 2016 digital advertising tax. It is constantly debated every year. In the first year 2016-17 alone, it received Rs 589 crore. 579 crore in 2017-18 and 939 crore in 2018-19. From April 2020, India has imposed a 2% equalization levy on foreign companies. It is unknown at this time what he will do after leaving the post. However, sources estimate that Google's tax figure for the April-June period will be 216 crore. This would be Rs 309 crore less than the same period last year.