India, March 26 -- India will soon be removing the 6% equalisation levy, also known as the 'Google tax,' on digital advertising services provided by foreign technology firms such as Google or Meta.

The decision is part of the new amendments to the Finance Bill and will come into effect from April 1, 2025, according to a MoneyControl report.

The Google tax was originally introduced in 2016 to ensure that such foreign digital service providers which are earning revenues from India also contribute to the exchequer, despite not necessarily having a physical presence.

This was to create a level playing field between Indian businesses subject to local taxes and the global ones operating through online platforms.

However, these taxes are now...