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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Minister of Finance Nirmala Sitharaman said the exemption is being put into place “to provide relief to small businessmen” who fall under that revenue threshold, as well as furnish personal account numbers and Aadhaar. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

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Transcript: Robert Koenigsberger

Barry Ritholtz

KOENIGSBERGER: So I did my study on that, and I got fortunate enough to meet a gentleman who had been the Finance Minister of Peru. And again, I’m Political Science and History major prior to graduate school, so that I actually get experienced in finance. RITHOLTZ: Sure. I’m like 25 years old. RITHOLTZ: Oh, really?

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Transcript: Angus Deaton

Barry Ritholtz

I remember reading the Princeton studies and international finance, which seemed to me very interesting at the time I had met Fritz Mope who was at Princeton when I was still in Britain, for instance. I remember John Campbell and I, when he was a young assistant professor, he is now a very senior finance guy at Harvard.

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Transcript: Howard Lindzon

Barry Ritholtz

So strap yourself in for a fun conversation about what it’s like to be at — “in the room where it’s happening” to quote Hamilton, but to be at the intersection of media and finance and technology as the world is blowing up. You know, I’m just a retail Yahoo finance kind of guy. RITHOLTZ: Right.

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