Economy Profits earned from India must be taxed locally, says finance secretary Subhash Chandra Garg Updated : May 30, 2019 02:09 PM IST Naming Netflix and Amazon, Garg said, "Netflix is beaming so much of entertainment content into India, it may not have even a single office here." Garg said the proposals are currently being debated as developed countries do not want to share taxes on these companies with the rest of the world. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.