Amazon settled with the Federal Trade Commission for $2.5 billion in fines with $1.5 billion going to Prime subscribers. The settlement comes over claims that the company allegedly tricked consumers ...

The Federal Trade Commission took Amazon to court early last week. Only two days after the trial started, Amazon caved in to sign a $2.5 billion settlement. At the heart of the lawsuit was the Amazon ...

The Goods and Services Tax (GST) portal has been updated to enable online filing of annual returns using Form GSTR-9 for the ...

The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...

Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. The company ...

The GST portal has enabled filing of the GSTR-9 annual return and GSTR-9C reconciliation statement for FY 2024-25, with a deadline of December 31, 2025. Taxpayers can now access online and offline ...

Amazon has agreed to pay a historic $2.5 billion to settle a landmark case over its Prime membership program. The U.S. government had alleged the company's web designs manipulated tens of millions of ...

Some Amazon customers could get cash from the retail giant as part of its $2.5 billion settlement with the Federal Trade Commission. On Sept. 25, the FTC announced it secured the "historic" order to ...

Amazon has agreed to a $2.5 billion settlement with the Federal Trade Commission over charges that it knowingly trapped customers into paying for Prime subscriptions, the agency announced Thursday.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

While Amazon has been delivering packaged goods and parcels for years, they also know how to deliver great television shows. Prime Video, Amazon’s online streaming service, has produced several ...

Amazon has agreed to pay $2.5 billion to settle a lawsuit alleging it misled customers into paying for Prime subscriptions, the Federal Trade Commission (FTC) announced Thursday. The announcement came ...