Centre working on GST dispute resolution system
The finance ministry is working on a detailed mechanism that can resolve goods and services tax (GST) disputes raised by states while avoiding distortions in the tax regime. The mechanism…
Income Tax & GST Compliance Calendar for June 2022
Adhering to tax-related compliance proposed by the Indian government is mandatory for taxpayers in India. Such compliance also inculcates adhering to the due dates of GST return filing View the…
Logistics cos Delhivery, Ecom Express in tussle with aggregators over shipment rates
Bengaluru: The battle between large logistics companies and online logistics aggregators has intensified since ET reported last month that three of the largest ecommerce-focussed logistics players – Delhivery, Ecom Express…
Tata in acquisition talks with as many as five consumer brands
Tata Consumer ProductsNSE 2.17 % Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the…
Amazon Reports $3.84 Billion Loss in Q1 2022 From Online Business, Rivian Investment
Most of Amazon’s losses were from an investment in electric vehicle manufacturer Rivian. Amazon delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher…
Paytm Mall announces pivot to ONDC as its primary focus; to explore export opportunities
This move enables the company to create a long-term sustainable business in partnership with ONDC, which aims to democratize the purchase and sale of goods in the Indian market, driving…
New e-com players not showing country of origin for all products in India
While most older, established e-commerce platforms now have the Country of Origin information for the majority of products, the same is not the case with newly-established platforms like LensKart, CityMall…
Flipkart to phase out one of its seller fulfillment services
Under Smart Fulfillment, sellers allocate a separate space for their products at their own warehouse or place of business, which is linked to Flipkart’s systems so these goods can be…
Paytm grants new Esops to staff amid falling stock price
In addition, Paytm has also allotted 177,114 equity shares to employees, who have exercised their options Bengaluru: In a stock exchange filing on Monday, One97 Communications Ltd., which runs the…
Delhivery IPO to open for subscriptions on May 11
RDelhivery’s IPO is opening for subscription a day after the close of LIC’s share sale window. Bengaluru: New-age logistics startup Delhivery’s Initial Public Offering (IPO) will open for subscriptions on…