As the coronavirus pandemic continues, the push to create an online shopping marketplace to compete with Amazon has taken on new urgency as consumers are avoiding stores
According to the rules, e-commerce players will have to display the total 'price' of goods and services offered for sale along with break-up of other charges
Compliance issues and lack of guidance make mandatory disclosure of country of origin tough for sellers, e-tailers
It emphasised that the levy was applicable prospectively, and could not be said to have 'extra-territorial' application
Industry insiders said that the e-commerce platforms had started working on the technology feature which involves a lot of coding, building algorithms and databases
From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.
The yield declined 30 per cent after the first instalment deadline ended on Tuesday, compared to the same period last year, revealed preliminary collection figures
E-commerce firms ask govt at least 3-5 months to be able to keep technology platform ready to enable sellers to display country of origin for new and old listings
DPIIT, which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July
Group known as 'Keeper' stole information from Mumbai-based online jewellery store ejohri.com that was allegedly compromised in February.
Concerns surrounding the levy are not just theoretical or one-sided, but the law indeed has a far-reaching impact which necessitates its review, it said
The 2 per cent Equalisation Levy was introduced in the 2020-21 Budget and has come into effect from April 1, 2020
While cyber police stations are already operational in Lucknow and Noida, the state has now set up similar units in each of the 16 remaining police ranges
The development indicates that government has not heeded to calls for deferment of the tax by the industry
A company source has stated there was no disconnect with the idea, but the firms have to check with their technology teams to figure out how long it will take to get this done
Tamil Nadu has constituted a Special Investment Task Force to attract investments under the leadership of chief secretary K Shanmugham
Maximum retail price and discount information are being sought by 82% consumers, besides ratings, reviews and delivery date.
Milkbasket is present in four cities so far including Gurugram, Noida, Bengaluru and Hyderabad. Goel said, the company had achieved break-even in three cities and Hyderabad would join the list soon
The companies have been told to come back for the next meeting in about two weeks and provide suggestions and provide information about the challenges they may face to implement the said feature
This follows the Government e-Marketplace (GeM) platform making it mandatory for its listed sellers to specify the country of origin while registering all new products on the portal