New India Tax Prompts Pushback By Amazon And Flipkart
PYMNTS
FEBRUARY 14, 2020
Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according to a report by Reuters. . The tax would be 1 percent on every sale made by a seller on the eCommerce platforms, and it would take effect in April if approved by the country’s parliament.
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