NIFTY 50

Budget 2019: Here is a wishlist from the ecommerce industry

Updated : January 29, 2019 08:07 PM IST

As the ecommerce sector prepares for new rules under the FDI policy, this is what they want from the government in Budget 2019.

  • Remove the 1 percent tax collected at source (TCS)
  • 1 percent TCS has led to technical issues & registration trouble in some states
  • Government should further push digital payments on ecommerce platforms
  • Cash on delivery orders are still 50 percent of overall orders: red seer
  • Cash on delivery orders see 15 percent higher product returns and order cancellations: Red Seer
  • Companies want more clarity on FDI policy and ecommerce policy
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