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Reuters - Business

Amazon, Flipkart seek rollback of new Indian tax on online sellers

Reuters
NEW DELHI (Reuters) – 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 hurt the fledgling industry, according to documents seen by Reuters. FILE PHOTO – A shipment moves on a......
Reuters - Business

Amazon, Flipkart challenge new Indian tax on online sellers

Reuters
NEW DELHI (Reuters) – 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 hurt the fledgling industry, according to a document seen by Reuters. FILE PHOTO – A shipment moves on......
Reuters - Business

Ahead of Bezos visit, India antitrust chief says e-commerce firms shouldn’t offer heavy discounts

Reuters
NEW DELHI (Reuters) – Big e-commerce firms should not offer steep discounts, must disclose discounting policies and ensure they do not drive brick-and-mortar rivals out of business, India’s antitrust chief said as his commission launched a probe into Amazon.com and Walmart’s Flipkart. FILE PHOTO: People move past a hoarding of......
Reuters - Business

India orders antitrust probe of Amazon, Walmart’s Flipkart

Reuters
NEW DELHI (Reuters) – India ordered an investigation of Amazon.com Inc and Walmart’s Flipkart on Monday over alleged violations of competition law in the latest setback for U.S. e-commerce giants operating in the country. FILE PHOTO: People move past a hoarding of Amazon India outside a metro rail station in......
Reuters - Business

India orders antitrust probe against Amazon, Walmart’s Flipkart

Reuters
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo NEW DELHI (Reuters) – India’s antitrust body has ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart’s Flipkart, it said in an order on......

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