Online Ads: Govt Proposes to Drop 6% Equalisation Levy
The government has proposed the removal of the 6% equalisation levy on online advertisements, effective from April 1, 2025.
March 25, 2025
The government has proposed the removal of the 6% equalisation levy on online advertisements, effective from April 1, 2025.
The notification amends S.O. 2119 (E), dated the 26th of June 2020, to increase the limit of micro, small and medium enterprises.
A deadline of April 30, 2025, has been provided for intermediaries to upload the information on the SEBI database to enable compliance.
SEBI has proposed allowing founders of IPO-bound companies, classified as promoters in the draft offer document, to exercise ESOPs granted before the filing.
IBBI has mandated the inclusion of a dedicated section in the information memorandum explicitly detailing the carry forward of losses under the I-T Act.
The Karnataka Government has tabled a Bill proposing mandatory registration of POAs authorising the transfer of immovable property.
In a major crackdown on the online sale of non-certified products, BIS recently carried out search and seizure operations across multiple warehouse locations of leading e-commerce platforms.
The Department of Sports has unveiled a draft framework proposing to revise the National Code Against Age Fraud in Sports, 2010.
SEBI has notified amendments to the Insider Trading Regulations, expanding the scope of unpublished price sensitive information.
Online gaming industry federations have jointly signed a Code of Ethics to promote user safety and encourage responsible gaming practices across the industry.
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