Tag Archives: e commerce


single tax avoid double taxation Firdous Firdous Ashiq Awan tax return E Commerce

Single tax return form will be introduced to avoid double taxation: Firdous

10 October, 2019 12:57 pm 12:57 pm

ISLAMABAD (92 News) – Special Assistant to Prime Minister on Information Firdous Ashiq Awan said to avoid double taxation simple single tax return form will be introduced. In a series of tweets on Wednesday, the special assistant said that logistic sector will be transferred to E-commerce to make it efficient and effective.   دوہرے ٹیکس … Read More


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India to impose retaliatory tariffs on 28 US goods

06 June, 2019 12:43 pm 12:43 pm

NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 US products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi. The new duties take effect from Sunday, a government notification said, in the latest trade row since US President Donald Trump took office in … Read More


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Uber unveils IPO with warning it may never make a profit

04 April, 2019 11:26 am 11:26 am

NEW YORK (Reuters) – Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab … Read More


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India proposes new e-commerce regulations with focus on data rules

02 February, 2019 9:34 am 9:34 am

NEW DELHI (Reuters) – India outlined a new draft policy for its burgeoning e-commerce sector focusing on data localisation, improved privacy safeguards and measures to combat the sale of counterfeit products. The proposed overhaul, which would likely increase operating costs for the sector, comes two months after the country modified regulations governing foreign direct investment … Read More


China and US among 76 WTO members pushing for new e-commerce rules

01 January, 2019 12:32 pm 12:32 pm

DAVOS (Reuters) – Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members – including the United States, China, the European Union and Japan – agreed to start negotiating a new framework. China, which is locked in a trade war with the United States, signaled conditional support for … Read More


Alibaba Singles’ Day sales hit $10 billion in first hour

11 November, 2018 9:32 am 9:32 am

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles’ Day on Sunday, up roughly 21 percent from last year’s early haul of 57 billion yuan. Singles’ Day is the world’s biggest online sales event and last year netted Alibaba … Read More


Mexico far from goal on Alibaba e-commerce deal

08 August, 2018 8:23 am 8:23 am

MEXICO CITY (Reuters) – Mexico’s deal with China’s biggest e-commerce company, Alibaba, to increase online business for exports like avocados and tequila needs the participation of dozens more companies to make it successful, an official at Mexican trade group Promexico said in an interview. So far, 24 companies have been approved to export to businesses … Read More