What is equalization levy on e-commerce/Is equalisation levy still applicable in India/What is Indian Equalisation Levy/Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. India’s new Equalization Levy (EL) is an indirect tax on digital businesses and cross-border e-commerce transactions. It is intended to create a more level playing field between foreign and domestic digital businesses and to bring more of the digital economy into India’s tax net. The EL is expected to have a significant impact on digital businesses and cross-border e-commerce. On the one hand, it will create additional compliance costs and administrative burdens, as companies will need to keep detailed records of their digital transactions and pay the EL if they exceed the threshold. On the other hand, the EL may also provide a much-needed boost to the Indian economy, as it will increase the government’s revenue and enable the government to invest more in infrastructure and other public services. Moreover, the EL could help level the playing field between foreign and domestic digital businesses, as foreign companies may be required to pay the EL at the same rate as Indian companies. At Saanvika Legal Associate, other laws cases like business law, financial law, insurance law, environment law, consumer law, property law, banking, tax, cyber, labour, constitutional, legal registration, nocs, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered with experienced lawyers that result in the success of your cases in every way possible.