CAIT Calls For Levying Luxury Tax On Ecommerce Purchases

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SUMMARY

CAIT’s Praveen Khandelwal called for instituting new policy mandates to “immediately enforce” FDI policies for the ecommerce sector

At the conclave, CAIT members reportedly alleged that deep-pocketed quick commerce platforms were distorting the retail market through excessive discounting tactics

CAIT also called for setting up an independent regulatory body to fix accountability and oversee ecommerce and quick commerce platforms

The Confederation of All India Traders (CAIT) has reportedly called for levying a…



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CAIT Calls For Levying Luxury Tax On Ecommerce Purchases


SUMMARY

CAIT’s Praveen Khandelwal called for instituting new policy mandates to “immediately enforce” FDI policies for the ecommerce sector

At the conclave, CAIT members reportedly alleged that deep-pocketed quick commerce platforms were distorting the retail market through excessive discounting tactics

CAIT also called for setting up an independent regulatory body to fix accountability and oversee ecommerce and quick commerce platforms

The Confederation of All India Traders (CAIT) has reportedly called for levying a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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