Q.3) As the world moves towards the global taxation reforms, what are the factors India needs to consider? Also examine the significance of the imposition of equalisation levy by India on non-resident e-commerce operators. (10 Marks)

“Mentor’s Comments” https://indianexpress.com/article/opinion/columns/why-india-must-bargain-hard-on-g7-tax-reforms-7362103/ In the intro, mention the U.S. floated proposal for global minimum corporate tax. In the body, mention that India loses significant amount as tax loss due to tax avoidance by the companies while India constitutes the major user base of the social media users and help these companies monetise the data. In … Continue reading Q.3) As the world moves towards the global taxation reforms, what are the factors India needs to consider? Also examine the significance of the imposition of equalisation levy by India on non-resident e-commerce operators. (10 Marks)