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What is Significant Economic Presence (SEP) principle?

India recently notified Digital Tax threshold of two crore rupees and 300,00 users under the Significant Economic Presence principle. This threshold was notified for non-resident technology firms such as Netflix, Facebook, Google, to pay tax in India. The principle was ..

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Google, Microsoft announce funding to help India tackle COVID-19

Google and Microsoft have recently pledged to help India fight COVID-19. Google is to provide 18 million USD (Rs 135 crores). Microsoft is to help India with relief efforts to buy oxygen concentration devices. The initiatives and the announcements about ..

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Facebook’s First Renewable Project in India

The Facebook has recently signed a deal to buy renewable energy in India from a local firm called CleanMax. This is the first renewable project of Facebook in India. About the project The project is located in Karnataka. The project ..

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Facebook Data leak, 2021

The personal data of more than 533 million Facebook users has been leaked online recently. The exposed data included personal information of the Facebook users from more than 106 countries. This also included records of 32 million users in the ..

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7 Current Affairs Notes on Echo and Bifrost

Facebook has planned to put two undersea Internet cables to connect Southeast Asia to North America, to increase data capacity and improve the internet authenticity. The Two Cables are named as “Echo” and “Bifrost”. The cables will connect Singapore, Indonesia ..

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Australia passed “News Media and Digital Platforms Mandatory Bargaining Code”

The parliament of Australia has passed the landmark legislation called the “News Media and Digital Platforms Mandatory Bargaining Code” on February 25, 2021. Highlights This legislation mandates the global digital platforms to pay for publishing the Australian news content on ..

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