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Budget 2018 on Digital Economy: Arun Jaitley seeks to bring tech firms under the tax net

Arun Jaitley's budget proposal seeks to tax profits made by tech firms, such as Google, Facebook and Netflix, using the concept of significant economic presence

3 min read2 Feb 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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