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Why e-commerce players are finding it difficult to comply with tax norms

The law requires every e- commerce operator to collect 1 per cent tax in case of inter-state transactions and 0.5 per cent in case of intra-state transactions.

 
 
SBI has asked its customers to do this by the end of this month, failing which their internet banking access will be blocked
According to industry sources, Singh is expected to join Flipkart in December, and will work closely with Flipkart CEO Kalyan Krishnamurthy.
The proposal envisages selling about 5% equity stake in ONGC, 3% in IOCL and 10% in OIL. 
 
 
Under a deal announced earlier this month, the South Korean tech giant will pay compensation of up to $133,000 per case.
The investment follows comments from finance minister Arun Jaitley last week that Visa and rival Mastercard were losing market share to domestic payments networks.
The most searched products during the season were -- bike, mobile phone, smartphone, car and TV, according to the report.
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