I'm unable to understand what this news item says, can someone more knowledge on the subject elaborate ?
Are you making a payment to a non-resident? - Livemint
Are you making a payment to a non-resident? - Livemint
We are fucked.
I pay Dreamhost for hosting, I guess I would now have to pay tax locally for that? Why? I pay income tax on the money already. Why should a company not based in India pay Indian government tax? Insane.
I am not sure why government deserves tax on something I do not purchase in India. If I am buying something from USA, the company is already charging me a local tax on it right?