BUDGET 2020:
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BUDGET 2020: What Will Impact Online Sellers And Importers?
In this video, I have discussed the new budget of 2020 that is going to impact online sellers and importers. The new budget of 2020 is going to impact a lot for online sellers because Government has introduced Tax deducted at source for online sellers which means that any product sold online will attract attacks of 1% additional that will be collected by the government on the price that you are selling the product. Apart from that, the government has also increased the import duty on many products which is going to cost more which means people will pay more and ultimately the money is going to get out of consumers' pockets. People who are selling products on Amazon Flipkart Paytm Snapdeal and marketplaces like this will have a major impact due to this new budget of 2020.
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