eCommerce startups

They will take some hit as COD will now stop. Can we please have discussion on various implications of this for start ups and entrepreneurs. more  

View all 11 comments Below 11 comments
COD is stopped by major eCommerce companies in India due to current withdrawal limits and get rid of the situation to accept 500 & 1000 tenders. Many of our eCommerce clients requested us to stop such facility on their online store till 30th Dec. I don't think that it 'll be affected in near future. As per one of an official statement by Fin Min Arun Jaitley the situation and short of new currency will be normal in 2 or 3 weeks. COD is the backbone of any eCommerce store and temporary affected, recovered soon. more  
This will also help protect the interests of vendors / suppliers. A lot of customers play with suppliers by ordering items and then rejecting it or by asking multiple vendors to supply the same item and then rejecting most of them. In this case they will need to pay upfront. Also now peoples expenses can be tracked. more  
Govt can use them to find out the hidden treasure of the common public. Ecomm can voluntarily accept time out notes for nest 48 days with a name sig and address of the person. On Wed, Nov 9, 2016 at 5:44 PM, Naina Mittal wrote: > more  
I dont think COD delivery will have any issue in future. To curb black money, heavy cash transactions at constructions and jewellery this is a good move by PM and RBI more  
As far as COD is concerned,as of now u can withdraw only 2000 a day.What if the desired product costs u 9000/ bugs more  
Post a Comment

Related Posts

    • Will many CAs may have to close soon

      Many CA, CS and CMA Professionals have to either change work or close their practice after this attached circular.

      By Ajay Dutta
      /
    • Google is a pathetic company

      Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...

      By Vishal Khanna
      /
    • GST filing

      Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...

      By Subramanian Venkataraman
      /
    • Taxation Issues faced by Startups: Inputs Sought

      Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

      By LocalCircles Manager
      /
    • Why no penalty an dprosecution for govt

      Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...

      By SUBHASH PARAKH
      /
    • Income Tax Return Filing Portal

      What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...

      By Hasmukh Sangani
      /
    • Grass root experience

      I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...

      By AMIT MADHAV BHATTACHARYA
      /
    • Why do Ministers refrain from engaging with businesses

      I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...

      By Aditi Mitra
      /
    • Why such mismanagement

      FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...

      By Sudesh Rai
      /
    • Word of caution to Indian small entrepreneurs

      Friends this is Aditya from New Jersey. A friend of mine from Brazil recently lost 3 members of his family back home to Covid. The P1 variant is most dangerous of all and is now invading neighbors ...

      By Aditya Sharma
      /
    • simplifying procedures for easy business

      none of the administrators who are lucky to get into govt seats have practical field experience and they are not aware of the strains of small entrepreneurs. They always imagine that any entrepren...

      By Subramanian Venkataraman
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)