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Equalisation levy: Objective, Budget proposal and impact
The provision of an equalisation levy has rattled the Industry. Many businesses are planning to move court over the changes proposed in the Budget. In an exclusive interview with Business Standard’s Dilasha Seth, former CBDT member Akhilesh Ranjan, who was instrumental in the introduction of equalisation levy in 2016, explain in detail the objective of the levy and why it is needed. Watch the video.