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E-commerce players loses GST rate battle after levy of 1% TCS on sellers

Even after months of discussions with the government, putting forward representation via industry bodies such CII, ecommerce players lost the GST battle. The government today said that one percent tax collected at source (TCS) would.....»»

Category: topSource: business-standardMay 19th, 2017

UPS to levy holiday surcharges to battle e-commerce costs

United Parcel Service Inc said on Monday it will levy surcharges on U.S. residential packages during its crucial peak holiday season this year as it seeks to combat the spiraling costs of delivering e-commerce packages......»»

Category: topSource: moneycentralJun 19th, 2017

GST: E-commerce players, sellers say rates would hurt small businesses

The trader body said they were not consulted before finalising the tax incidence on their sector.....»»

Category: topSource: business-standardMay 22nd, 2017

1% tax at source under GST likely for online sellers

The Centre and states to charge only 0.5% each; e-commerce marketplaces to collect levy.....»»

Category: topSource: business-standardMay 16th, 2017

GST: E-commerce cos against tax collection at source; 1% levy a dampener

For Indian ecommerce players, the proposed tax collected at source (TCS) on them under the much awaited goods and services tax (GST) being capped at one percent, failed to bring much cheer into the sector marred by valuation tumbles.....»»

Category: topSource: business-standardMar 6th, 2017

Why the Take Rate Is So Important in E-Commerce

Long before e commerce began intermediaries have charged money to link buyers and sellers of goods and services For e commerce businesses such as Amazon com NASDAQ AMZN eBay NASDAQ EBAY and PayPal NASDAQ PYPL the take rate refers to the percentage of the.....»»

Category: futuresSource: nasdaqJan 8th, 2017

Amazon Is Turning Up The Heat On Counterfeit Products

The e-commerce giant is reportedly debuting a new set of tools to fight fakes. VIDEO??? Amazon is taking new steps to help sellers battle counterfeiters in its online marketplace, according to a news report. The e-commerce giant is testing a new set o.....»»

Category: europeSource: fortuneNov 22nd, 2016

How do Phoenix-area retailers compete with e-commerce? Think experiences

To compete with the likes of Amazon and other online players, physical retailers are turning to experiential offerings......»»

Category: topSource: bizjournalsJul 21st, 2017

Default rate among riskier retailers jumps as sector continues to battle Amazon effect

The U.S. retail trailing 12-month high-yield default rate rose to 2.9% in mid-July from 1.8% at the end of June, after J. Crew completed a $566 million distressed debt exchange, according to Fitch Ratings......»»

Category: topSource: marketwatchJul 20th, 2017

Default rate for riskier retailers jumps as sector continues to battle Amazon effect

The U.S. retail trailing 12-month high-yield default rate rose to 2.9% in mid-July from 1.8% at the end of June, after J. Crew completed a $566 million distressed debt exchange, according to Fitch Ratings......»»

Category: topSource: marketwatchJul 20th, 2017

Pediatrician loses ACA legal battle against Blue Cross

​A commercial arbitrator has ruled against a pediatric clinics owner who claimed health plans owed him nearly $1 million for services he performed under the Affordable Care Act......»»

Category: topSource: bizjournalsJul 13th, 2017

These Amazon Prime Day best sellers could drive growth in a new kind of shopping

Amazon is pushing its own devices and voice shopping this Prime Day, which fuels sales for the e-commerce giant and other companies.....»»

Category: topSource: marketwatchJul 11th, 2017

There’s a battle raging at the Fed over how low the unemployment rate should go

Is there such a thing as an unemployment rate that is too low?  Most people, especially the 7 million or more Americans who were actively looking for work but couldn’t find a job last month, would probably say no. .....»»

Category: topSource: businessinsiderJul 10th, 2017

GST has not made sellers move away from e-commerce: Amazon

E-commerce giant Amazon says it has not witnessed any dropoff in sellers registered on its platform in India due to the July 1 rollout of GST, putting to rest concerns that the country's new tax regime would hurt online retail .....»»

Category: topSource: business-standardJul 6th, 2017

18% GST on manmade fibre, yarn severe blow to synthetic textiles: CITI

Textile industry body CITI today urged the government to reduce GST rate on manmade fibre and yarn to 12 per cent from 18 per cent, saying the higher levy will pressurise Indian producers to source y........»»

Category: topSource: thehindubusinesslineJul 3rd, 2017

Bonanza! E-commerce players offer heavy GST discounts

Fashion jewellery e-commerce platform is offering additional 'GST bonanza discount' starting July 1.....»»

Category: topSource: business-standardJul 1st, 2017

E-commerce players stock up to counter GST impact

Not yet certain whether the new tax rules will be a net saver.....»»

Category: topSource: thehindubusinesslineJun 30th, 2017

Amazon is pushing Prime Day into China and India – but it"s facing an uphill battle (AMZN)

BI IntelligenceThis story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Amazon has announced its annual Prime Day promotion will run for 30 hours this year from the night of Jul.....»»

Category: topSource: businessinsiderJun 30th, 2017

GST: Trai bats for lower levy for telcos; favours a cut in rate

Trai had favoured reducing USO levy to 3% compared to 5% of telcos' revenue.....»»

Category: topSource: business-standardJun 30th, 2017

U.S. economic growth in Q1 upgraded to 1.4%

The Commerce Department says GDP grew at an annual rate of 1.4% in the first quarter — better th.....»»

Category: topSource: usatodayJun 29th, 2017

Big Lots Down 5% in Six Months: Can it Bounce Back in 2H17?

There is no doubt that Big Lots is also expanding e-commerce presence but at a slower rate and i.....»»

Category: topSource: zacksJun 28th, 2017