Karnataka HC grants interim stay on CCI probe into Flipkart

Flipkart got a stay on the same lines as Amazon, said one person directly involved in the matter.CCI had in January ordered a probe into alleged violations of competition law by Amazon and Flipkart

Withholding Tax: Will it make shopping on Amazon, Flipkart, others expensive?

The e-commerce entities have said they need time to upgrade IT systems in order to enable them to collect the 1 per cent tax deduction at source (TDS) from sellers.

Walmart-Flipkart deal: Foreign shareholders approach AAR over capital gains

Foreign stakeholders of Flipkart have approached the tax authority seeking more clarity on the capital gains taxes arising out of the Walmart-Flipkart deal.

Flipkart opens experience centre in Kolkata

Walmart-owned e-commerce major Flipkart has set up a ‘Furniture Experience Center’ here. This will be the e-tailer’s first offline presence in eastern India. Spread across nearly 2,200 sq ft, the e

Ease of doing business? 22 months after Walmart bought Flipkart the tax on the deal is still unclear

Walmart had acquired a 77% stake in Flipkart for a whopping $16 billion in 2018. Walmart had paid a withholding tax of ₹7,439 crore for the 10 major shareholders

Kirana shops hold ground amid competition from ecommerce, supermarts; whats helping them stay afloat

Even while e-commerce platforms such as Amazon, Flipkart and hypermarkets such as Reliance Fresh and Big Bazar give stiff competition to mom and pop stores, the neighbourhood stores continue to thrive.

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