In our special series 'Aasan Bhasha mein' we bring you the explainer of Google Tax, officially called Equalisation Levy. Beside, Equalisation Levy we have also tried to explain it's impact on international trade, specially between India and America. Also Know the difference between Direct Tax and Indirect Tax. We, in this edition of ABM, has also tried to explain what is Permanent establishment and punitive tax with example and anecdotes.