Business Standard (India): Google tax contributes merely 1% of direct tax kitty in major cities

Business Standard (India): Google tax contributes merely 1% of direct tax kitty in major cities. “The IT hubs of Bengaluru and Hyderabad have topped the chart of collections from Google tax so far this year. However, the mop up from the controversial levy made up just up to one per cent of the total from direct taxes in these circles till August 20. The collections from Bengaluru were Rs 176.9 crore [About $23,829,006 USD], or 0.57 per cent of the total direct tax receipts in the region. Hyderabad got Rs 118.3 [About $15,935,400 USD] crore from the levy, or 1.1 per cent of the direct tax receipts there.”