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HomeBusinessIndia Scraps 'Google Tax' Amidst US Trade Negotiations

India Scraps ‘Google Tax’ Amidst US Trade Negotiations

In a strategic move to ease trade tensions with the United States, India has abolished the 6% “Google tax” on online advertisements. Implemented in 2016 to level the playing field for domestic companies against international tech giants without a physical presence in India, the tax’s removal aims to facilitate smoother trade discussions. This decision benefits major American tech companies like Google, Meta, and Amazon. Additionally, India’s action seeks to influence U.S. President Donald Trump’s stance on forthcoming tariffs that could impact India’s pharmaceutical, apparel, and jewelry sectors.

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