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US firms in India not yet ready to pay new digital tax: Lobby group
short by Krishna Veera Vanamali / on Tuesday, 7 July, 2020
A lobby group representing US technology giants has said its members are not yet ready to make the first quarterly payment of India's new 2% digital tax due today. The US-India Strategic Partnership Forum (USISPF) said the tax is "riddled with various ambiguities and interpretational concerns". It urged the Finance Ministry to defer the tax or postpone payment date.
read more at Reuters