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India changes digital tax form to include new levy on foreign e-commerce companies, Retail News, ET Retail

The income-tax department has introduced changes to the form used to pay equalisation levy, to include the option of paying up the new 2% levy on digital transactions conducted in India by foreign e-commerce companies. The new levy was introduced in the Union Budget and was made effective from April 1, with the first instalment …

India changes digital tax form to include new levy on foreign e-commerce companies, Retail News, ET RetailRead More

General Mills’ plans to revive cereal sales include selling a box for $13

A woman shops for Cheerios cereal at a Price Chopper supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images General Mills‘ plan to revive cereal sales includes a $13 box of the breakfast food. The new Morning Summit cereal, which was launched in late 2019, lists almonds as its first ingredient in a bid …

General Mills’ plans to revive cereal sales include selling a box for $13Read More

Ecommerce consumer law may include social media shopping, Retail News, ET Retail

BENGALURU: The government is thinking of regulating products and services sold on social networks such as Facebook, Instagram, Pinterest and WhatsApp under the upcoming rules to protect consumers who transact on ecommerce portals. The move comes amid increasing complaints, both on the National Consumer Helpline and other portals that track consumer grievances, about products sold …

Ecommerce consumer law may include social media shopping, Retail News, ET RetailRead More