![]() ![]() Additionally, GIPL also deducted TDS (tax deducted at source) from the payments made to its parent company and other foreign entities for the services rendered by them.įurthermore, GIPL also collected equalisation levy from its customers who availed online advertising services from foreign entities. The company paid INR 1,145 crore (about $155 million) as income tax and INR 1,064 crore (about $144 million) as GST to the Indian government. The study reveals that according to the the financial statements of GIPL for the fiscal year 2019-20, GIPL reported a revenue of Indian Rupees (INR) 5,593 crore (about $757 million) and a profit of INR 586 crore (about $79 million) in India. As a registered company in India, GIPL is subject to various taxes, such as income tax, goods and services tax (GST), withholding tax (TDS), and equalisation levy, according to a study. ![]() GIPL provides various services to Indian customers, such as Google Workspace, Google Ads, Google Play, YouTube Premium, and more. In India, Google is registered as a full company under the name Google India Private Limited (GIPL) as a subsidiary of Google International LLC, the US-based entity. ![]() Is there an opportunity to tax these companies?Ī bare basic comparison with India reveals much. Even without having local offices, the question of taxing these companies on payments sent from Pakistan falls apart because of some bilateral treaties. It becomes a double edged sword – their presence not only widens trade deficit but also the current account deficit in a country indebted to the IMF and other lenders.Īs far as taxation goes, these companies do not have full-fledged offices in Pakistan and cannot be taxed as local companies in Pakistan get taxed, all the while turning revenues from Pakistan via payments made to these companies by businesses and people using their services in the country. On the other hand, these companies have not invested much in Pakistan and are alleged to not pay their fair share of taxes like they do in other countries. Why? Because tech investment and tech remittances into Pakistan have dropped to their lowest since the ouster of Imran Khan, but some of the bigger tech companies – Google, Meta and ByteDance, which have millions of users in Pakistan – are receiving their share of dollar outflows from Pakistan. No matter how alone you feel, your never going to be.Does big tech pay its fair share of taxes in Pakistan? This is perhaps the most relevant question for Pakistan’s tech scene right now. I get that it isn’t easy to walk away, but it’s not worth staying in that type of a relationship. There will be family, friends and services that are available that can help and support. ![]() I can’t stress enough that anyone suffering from domestic violence, you are not alone and never will be. The image I have seen only shows sadness. The final images of Fawziyah show that she was walking a few feet behind her husband, who knows what she must have been thinking at the time. He was recently sentenced to minimum term of 20 years in prison. The man who was supposed to love and protect her. You would have made your parents and family proud ❤️įawziyah was murdered by her husband, Kashif Anwar. I didn’t know this young woman but quite clearly she put others needs before her own. She participated in many charity events and had already forged a successful career as a solicitor. Ameen.įawziyah was described as a angel on earth. May you find your way to the highest heavens sister. ![]()
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