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    <title>Festive Season Critical for Small Sellers&#039; Survival; Regulatory Changes Could Impact Millions of Digital-First Businesses</title>
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    <description>Regulatory timing during the festive sales period poses a substantial risk to digital-first small sellers who have committed capital to inventory and logistics; sudden regulatory changes or uncertainty about tax slabs could disrupt cash flows, consumer spending, and supply chains. Stakeholders urge that new compliance requirements and tax slab announcements be timed to avoid the critical sales window and that regulators ensure policy stability to protect livelihoods and sustain digital market gains.</description>
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