Channels Gear Up For Independence Day with Deals Bonanzas

Festivals are always a boon for vendors, E Commerce players and the channel. The festive season is an ideal period to boost sales and introduce new offerings in the market in order to get higher traction. Consumers are usually ready to loosen their pockets during the festive season and it gives immense space for sellers to pull prospective buyers to their respective marketplaces. Due to handsome discounts and offers, people are more inclined towards online shopping, however, the traditional offline channel has also geared up to give more value addition...

Govt Mulls To Liberalize E Commerce Policy; OLS To Gain

The Government is reportedly contemplating to give an ease to E Commerce players by liberalizing the E Commerce policy. The move is aimed at giving a boost to the sector. The government is looking for a possible rethink of online marketplace rules that were issued in March. If the government adopts amendments in the policy that are favorable to OLS, it could provide a boost for E Commerce leaders Amazon, Flipkart, Snapdeal and other small online marketplaces. According to the ET report, a high-level committee has been set up under Niti...

MP To Levy 6% Entry Tax On OLS, Channel Welcomes Move

In a major relief to offline channel and a big jolt to online marketplaces, the Madhya Pradesh government has proposed 6 per cent entry tax on E Commerce companies. The government has decided to amend the law in order to bring E Commerce transactions under the ambit of taxation. With the move, Madhya Pradesh has joined the list of states who have already levied entry tax on OLS. While offline channel partners have welcomed the move, the E Commerce players seems furious over the decision. Brick and Mortar has demanded...