Withholding tax, or retention tax, is an income tax to be paid to the government by the payer of the income rather than by the recipient of...

US retail giant Walmart Inc had on September 7 said it has complied with the tax obligations of its $16 bn acquisition of India's largest o...

Of the 44 shareholders of Flipkart who have sold stake to Walmart, the significant ones include SoftBank, Naspers, venture fund Accel Partn...

As per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian auth...

In May, the I-T department had written to Walmart, saying that the US company can seek guidance about the tax liability under Section 195 (...

The department is currently studying the details received from the company, the official said, adding that they can issue notices seeking d...

Walmart would’ve struggled to open its own e-commerce business as well, given that India doesn't permit foreign investment in online retail...

The fund is looking at putting between $1.5 billion and $2 billion into the largest Indian e-commerce operator within the next two months, ...

Flipkart-Snapdeal combination is aimed at creating a stronger local competitor to battle Amazon, that has become the fourth-most valuable c...

To get the merger done, Son is willing to cut Snapdeal's valuation 85% to $1 billion, said the people, asking not to be named because the t...

The 10-year-old startup is fighting for its life against Amazon.com Inc. and other rivals looking for a piece of the fast-growing India mar...

The coupons will be against 40 brands. To avail the discounts, consumers need to cut out the coupons and redeem it at CouponDunia's partner...

Avanni’s increasing appetite for shopping online 20 times a month on average should delight electronic marketplaces such as Flipkart and Am...

Among the companies most likely to be under consideration are two fashion portals, Zovi and YepMe, which sell exclusively on the web.

Warburg Pincus has led a $32 million investment round in internet and mobile based classifieds venture, Quikr, the company's CEO Pranay Chu...

The Supreme Court today stayed the proceedings against auction portal eBay India Pvt Ltd and its chief Avinash Bajaj for allegedly permitti...

The Delhi High Court today declined to quash the entire chargesheet against a website's former MD filed for allegedly displaying a MMS clip...