India lost $1.5 billion in 2020 by not taxing electronic transmissions: Think tank

As per a research paper by South Centre, an intergovernmental organisation of developing countries, the revenue loss was from imports of items like movies, music and video games. The research paper pitched for customs duties to "regulate conspicuous consumption through imports".

from Economy-News-Economic Times https://ift.tt/6iOtlbw
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