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Amazon, Flipkart seek rollback of proposed 1% TDS on online sellers
short by Aishwarya / on Saturday, 15 February, 2020
Amazon and Flipkart are among the online retailers who have demanded government to scale back its proposed 1% TDS on third-party sellers on their platforms. The Federation of Indian Chambers of Commerce and Industry (FICCI) has stated that the tax would hurt India's e-commerce sector. "This will also lead to reduced trading activity," FICCI said on behalf of e-commerce companies.
read more at Reuters