Amazon executives depose before parliamentary panel, quizzed about revenue model, tax paid in India

Days after Amazon refused to appear before the parliamentary panel on data protection bill, its top executives in India on Wednesday deposed before the committee and were questioned about the company’s revenue model and how much tax it pays in the country. The Joint Committee on Data Protection Bill, 2019 chaired by BJP MP Meenakshi Lekhi questioned Amazon India and Amazon Web Services representatives separately for nearly two hours each.

Amazon India was represented by its vice-presidents Chetan Krishnaswamy and Rakesh Bakshi while Amazon Web Services was represented by Head Public Policy India Yolynd Lobo, Lead Public Policy Uthara Ganesh and others. Members questioned the e-commerce major about its revenue model, how much revenue it generates and what per cent of it Amazon reinvests in India.