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

Trump Loses Tom Brady Support, His Biggest Ally in the NFL

The Patriots quarterback criticized the president’s remarks on NFL players who protest the national anthem......»»

Category: topSource: newsweek9 hr. 46 min. ago

USD/CAD Canadian Dollar Higher as USD Loses Fed Boost

The Canadian dollar is higher against its US counterpart on Thursday. The USD surged on Wednesday after the Fed’s September policy meeting left hawkish estimates for the path of rate hikes in the US. The US lost some of the mom.....»»

Category: topSource: marketpulseSep 21st, 2017

Davis Cup: Ramkumar loses crucial match; Yuki wins

India were left to battle it out in the Asian zone yet again after Ramkumar Ramanathan’s defeat in the must-win fourth rubber as Denis Shapovalov steered Canada back to the elite Davis Cup World Grou........»»

Category: topSource: thehindubusinesslineSep 18th, 2017

California"s growth slowdown continues in August as the state loses 8,200 jobs

California lost 8,200 jobs in August and the unemployment rate rose to 5.1%, according to data released Friday by the state's Employment Development Department......»»

Category: topSource: latimesSep 15th, 2017

Time for food companies to adopt new tech: Badal

With an expected growth rate of over 25 per cent per annum, the Indian food and grocery segment is attracting investments from leading global players who are looking for opportunities in international........»»

Category: topSource: thehindubusinesslineSep 14th, 2017

Ryanair loses EU case to keep Irish law for crew abroad

Ryanair has lost an EU court battle in which the airline had sought to continue imposing business-friendly Irish labour laws on cabin crew working elsewhere in Europe. As Sonia Legg reports, the case has implications across the low-cost airline sector......»»

Category: videoSource: reutersSep 14th, 2017

Nordstrom closer to going private as Amazon changes retail universe

The growth of e-commerce and Inc. (Nasdaq: AMZN) has shaken up an already crowded retail sectors. Some big players such as Best Buy (Nasdaq: BBY), Macy’s (NYSE: M), Target (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE: WMT) have responded b.....»»

Category: topSource: bizjournalsSep 12th, 2017

Wal-Mart Will Use NVIDIA and AI to Dump AWS

As the retail battle heats up between the e-commerce juggernaut and the reigning retail champ, Wal-Mart is looking to sever ties with Amazon's cloud and create its own, while bolstering its AI capabilities......»»

Category: topSource: foxnewsSep 6th, 2017

Best Buy to Increase Spending in E-Commerce Battle

Best Buy reported another quarter of rising sales but said it would increase spending on its e-commerce operations and supply chain to continue growing its business in a competitive marketplace......»»

Category: smallbizSource: wsjAug 29th, 2017

The Wall Street Journal: Wal-Mart, Google team up to battle Amazon

Google and Wal-Mart Stores Inc. are joining forces in a partnership that includes enabling voice-ordered purchases from the retail giant on Google’s virtual assistant, challenging rival Inc.’s grip on the next wave of e-commerce......»»

Category: topSource: marketwatchAug 23rd, 2017

Whether Ackman Wins Or Loses His Battle With Management, He"s Likely To Cause Change At ADP

Automatic Data Processing (NASDAQ: ADP) is a wildcard for investors after activist hedge fund manager Bill Ackman made the company his latest targe.....»»

Category: blogSource: benzingaAug 22nd, 2017

Alibaba short sellers battered after stock soars to record high

Investors betting that Chinese e-commerce giant Alibaba Group Holding Ltd.’s stock will fall had a bruising week, and are down $2.0 billion in mark-to-market losses......»»

Category: topSource: marketwatchAug 19th, 2017

Wal-Mart and Amazon go head-to-head as e-commerce competition heats up

Wal-Mart, which reported a 60% increase in e-commerce sales, says it will continue to invest in the channel, setting up a bigger online battle with Amazon......»»

Category: topSource: marketwatchAug 17th, 2017

Facebook expands Marketplace trading service across Europe

FRANKFURT (Reuters) - Facebook is stepping up its modest moves into e-commerce by expanding its service for connecting local buyers and sellers into 17 new European markets, the U.S. company said on Monday......»»

Category: topSource: reutersAug 14th, 2017