alleryStart learning →India's expanded equalisation levy applies above gross receipts of about?
AINR 20 million
BINR 2 million
CINR 200 million
DINR 2 billion
Answer & Solution
Correct answer: A. INR 20 million
The expanded levy applies to nonresident businesses with taxable gross receipts above INR 20 million, lower than thresholds elsewhere.
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