Worried that the proposed global digital tax deal covering only top 100 companies may not lead to sufficient revenue for developing countries, India, along with other Group of 24 (G24) member nations, has pressed against the withdrawal of unilateral measures like the equalisation levy (EL) in one go.

       The stand by the emerging markets grouping could potentially derail the finalisation of the global multilateral solution to tax large digital companies such as Google, Facebook, and Netflix in October. The October meeting of the Organisation for Economic Co-operation and Development ...