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Amazon, Flipkart Seek Rollback of New Tax on Online Sellers

Amazon, Flipkart Seek Rollback of New Tax on Online Sellers

Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgeling industry, according to documents seen by Reuters. The online retail industry is braced for a possible 1 percent tax on …

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