Fissures over Google tax

The Centre on Wednesday sought to downplay the probe initiated by the US on a tax imposed by India on online players — the so called Google tax — saying it was not a cause of aggression as Washington was also probing several other nations.

However, the income tax department on Wednesday specified the jurisdiction of officers in its international taxation wing under whom the companies would be assessed for 2 per cent equalisation levy. Over two dozen non-resident tech companies would come under the purview of the equalisation levy as proposed in 2020-21 Budget.