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ECOMMERCE TRANSACTION TAX
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...- Nykaa aims for $5 billion in GMV by FY30Nykaa, which announced this at its annual investor day on Thursday, said that its business has doubled both GMV and revenue over the last t...
- Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should knowRetail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-o...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
- Urban Company Q4 Results: Cons loss swells 57X to Rs 161 crore; revenue jumps 43% YoYUrban Company Q4 Results: Urban Company's net loss widened to Rs 161 crore in the March quarter. This occurred despite a 43% jump in revenu...
- Return-to-origin shipments, not customer returns, are India's biggest e-commerce margin problem, says Blue DartReverse logistics is evolving from a cost centre into a strategic driver of customer trust, retention and margin protection in India’s fast...
- SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...
- Is the world finally going to tariff big tech?The WTO failed to renew its long-standing moratorium on tariffs for e-commerce, ending a near 30-year consensus that kept digital trade dut...
- Simplifying tax regulations could improve India’s rank in Ease of Doing Business indexAs per the research report by Deloitte, India’s overall ranking gets pulled down due to lower score in taxes department. The country could ...
- Digital companies including Amazon, Facebook seek clarity on ecommerce transactions taxCompanies want the government to come out with precise rules for this tax, which they are to deduct before payments to vendors, and how cer...
- E-commerce firms seek clarity on equalisation levyThey also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance,...
- Cos seek clarification on equalisation levyFearing that the recently announced 2% equalisation levy on overseas ecommerce purchases by India-based companies will be imposed on all ov...
- Buying from foreign ecommerce sites may get costlierPrepaid customs duty and tax could make buying products from foreign ecommerce platforms costlier.
- Ecommerce companies say GST will be taxing for customersThe recommendations include defining ecommerce appropriately to remove the ambiguity and confusion with “aggregator” and “intermediary” und...
- Mandatory for e-commerce firms to submit transaction detailsDelhi Government made it mandatory for all e-commerce companies to file their transaction details on the website of the Department of Trade...
- Budget 2015: GST could be key to unlock issues faced by e-commerce sectorThe e-commerce sector is eagerly looking forward to the upcoming budget to address the concerns and act as a business catalyst for the sect...
- Karnataka’s VAT tweaks may force Amazon’s exit from the stateThe section 8 is about the ‘agents’ liable to pay tax while section 22 deals with the liability on the part of dealers to register with VAT...
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