If ending Google Tax is quid, what is quo, for which quid is being given away?
The Google Tax, officially, an equalization levy on foreign service firms, does not generate much revenue. The tax, levied at the rate of 6% on the gross digital advertising placed by Indian entities on platforms owned by the likes of Google, Meta, and Amazon, has yielded less than ₹3,500 crore so far this year, according…