Technology »  Topic »  Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers

Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers


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 are saying the burden of compliance will hurt the fledging industry
  • 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