![](https://img.etimg.com/thumb/msid-111966880,width-1200,height-630,imgsize-2630173,overlay-ettech/photo.jpg)
Tax experts welcome scrapping 2% equalisation levy on foreign digital service providers
The contentious equalisation levy of 2%—on digital companies, online education-providing firms, and software-as-a-service (SaaS) providers without a permanent physical presence in India—will be abolished on August 1, Finance Minister Nirmala Sitharaman …