Online vendors, or sellers with revenue of less than five lakh rupees in the previous year, as well as brick-and-mortar retailers, will be exempted from the new tax.
- Amazon and Flipkart have had to face tighter regulations
- Some third-party sellers are also pushing back against the tax
- India's e-commerce sector could reach $200 billion by 2026
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will ...
Read the full text ndtv.com