HC is concerned by the failure to submit reports on fraudulent e-commerce companies.
The next hearing is scheduled for November 23. The High Court expressed its displeasure on Tuesday after the authorities in question failed to submit reports on the efforts taken to combat money laundering by e-commerce companies and the policy for collecting tax and VAT from them on time.During a hearing on three writ petitions filed by victims of e-commerce fraud, the HC bench comprising Justice M Enayetur Rahim and Md Mostafizur Rahman expressed their displeasure. The bench stated that the court will treat the complaint seriously because the government bodies involved had not responded to the High Court's notice.The court ordered Deputy Attorney General Bipul Bagmar to notify the Attorney General. It then scheduled the next hearing for November 23 and delayed the deadline for submitting reports until then.On September 30, the court ordered the Ministry of Commerce, the National Board of Revenue (NBR), and the Bangladesh Financial Intelligence Unit (BFIU) to produce separate reports on e-commerce platform money laundering by November 8. The court requested that the BFIU tell it of the efforts taken against money laundering by e-commerce firms, as well as NBR's stance on collecting VAT and tax from these businesses.The court also enquired about the operation of the 16-member technical committee for the e-commerce sector established by the Commerce Ministry.The petitioners were represented by lawyers Mohammad Shishir Monir, Md Anwarul Islam, and Pallob Kabir M Humaun, while the state was represented by Deputy Attorney General Bipul Bagmar.Anwarul Islam, a Supreme Court lawyer, had filed a writ case on September 20 seeking a directive from the court to establish an impartial e-commerce monitoring institute to defend the interests and rights of e-commerce customers.On September 22, SC lawyer Mohammad Humayun Kabir filed a petition asking the court to order the formation of a probe committee to identify the responsible individual or government authority whose negligence or failure has resulted in monetary losses for lakhs of consumers from well-known e-commerce sites such as Evaly, e-orange, Dhamaka, Daraz, Qcoom, Aladiner Prodip, Alesha Mart, and Dalal Plus.Thirty-three e-orange customers filed a writ on September 23 to seek their money back from the corporation. Advocate Shishir Monir filed the petition, which calls for a travel ban on senior officials and authorities of risky e-commerce enterprises like e-orange, as well as the formation of a commission to protect the interests of both customers and businesses, led by economists, IT specialists, and stakeholders.
5 Taka crore government's venture capital for e-commerce entrepreneurs
Entrepreneurs in the country's e-commerce sector will be given venture capital of up to Tk 5 crore by the government. State Minister for Information Technology Junaid Ahmed Palak said this at a function marking the 6th anniversary of e-Cab at a club in Dhaka on Sunday.The event was organized to honor 12 entrepreneurs and 1008 e-commerce organizations who served during the Corona.The state minister for information technology said financial assistance ranging from Rs 1 million to Rs 5 crore would be provided to entrepreneurs in the e-commerce sector as venture capital.Noting that the country's e-commerce sector will create 5 lakh jobs in five years, Palak said e-commerce will be the main driving force of the economy. He emphasized the need for more integrated action plans to make e-commerce more dynamic. Mentioning that the number of internet users in the country has now surpassed 11 crore, Palak said that with the implementation of this facility, it has become possible to transact 16 thousand crore rupees online.He said that with the spread of internet, e-commerce has reached from town to village. The wheel of the country's economy is in motion as it has delivered various daily necessities including medicines to 160 million people of the country during the Corona period.E-Cab President Shami Kaiser presided over the function while General Secretary of the organization Mohammad Abdul Wahed Tamal spoke on the occasion.The Minister of State for Information Technology inaugurated the 'e-Genius' platform to provide co-educational activities for students through digital and development of talents at home.
Costs are rising in e-commerce, mobile and internet
This time the cost of online food, online shopping, car registration, foreign TV, and mobile and internet will increase. Shopping on e-commerce using the internet and ordering food online will increase the cost of the e-commerce business.This expenditure will increase at the consumer level as additional taxes are imposed on these products and services in the proposed budget for the fiscal year 2020-21. However, VAT exemption on automobiles, refrigerators, and ACs and an increase in existing concessions on imports of refrigerators and ACs may reduce their value.This information came from the budget analysis proposed by Finance Minister AHM Mostafa Kamal on Thursday. This is the second time he has proposed a budget under the slogan 'Economic Transition and Future Path'.Several government ministers, including Prime Minister Sheikh Hasina, were present in the parliament room during the presentation of the budget. However, physically ill opposition leader Raushan Ershad did not attend the session. However, Jatiya Party Chairman and Deputy Leader of the Opposition in Parliament Golam Mohammad Quader joined as scheduled.
UBER Eats Shut down its business
Uber's online order delivery service Uber Eats is winding down operations in Bangladesh.After a couple of weeks, their activities in the country will be stopped from June 2.Uber authorities said in a blog post on Tuesday.Uber It's Bangladesh's lead Misha Ali has confirmed to TechShahr.com that their service will be discontinued. However, he did not want to comment on the matter.Uber said in their blog post that the company has made a tough decision a year after launching its easy and reliable food delivery service. There, Uber announced that its service in Bangladesh will be closed on June 2.But Uber authorities did not say why the decision was made.At the same time through the blogpost the company thanks to their partners, users, customers, and the Uber Eats community in Bangladesh.Earlier in January this year, Uber also sold its food supplier in India to the country's Zomato and shut down Uber Eats in the country.Four months later, Uber made the same announcement in Bangladesh. However, the company's ride-sharing service will continue.Earlier, Uber Eats started its official activities in the country on April 30 last year. And he hired Misha Ali as the lead to run the business in Bangladesh.
Daraz helping small and medium traders of the country to earn
Many traders and entrepreneurs have been affected as the current Covid-19 epidemic has spread across the country. Daraz Bangladesh, a member of the Alibaba Group, launched the "Daraz-Seller Friendship" program on April 26 to assist them in this crisis. Inspired by the motto "In the interest of the country, by the side of the country", the main objective of this program is to facilitate business for sellers sitting anywhere and to help small and medium entrepreneurs across Bangladesh to earn.All the benefits that sellers are getting:1. Opportunity to do business online at 0% commission rate.2. Delivery across the country.3. Free eCommerce training.4. The advantage of keeping inventory.5. Various promotional features for business growth.6. Express signup and7. Faster payment processing.With the outbreak of Covid-19, the company is launching a nationwide seller support drive to help vendors continue their business on the Daraz platform and help new vendors sign up and run their businesses with ease.Speaking on the occasion, Syed Mostahidul Haque, Managing Director, Daraz Bangladesh, said, “Our main goal at Daraz is to make it easier to do business from anywhere in the country in the digital age. So, for the convenience of vendors and to revitalize online business activities, we have taken the initiative of 'Daraz Seller Friendship Program'.We hope that our sales community will benefit from these activities, and we will play a big role in moving the country's economy forward at this time.” For details visit: http://bit.ly/Daraz_Seller
