Commerce and Industry Minister Nirmala Sitharaman said that the government is working on the definition of 'e-commerce' to clear the air over key issues such as taxation and foreign investment in the rapidly expanding sector. Talking to news agency PTI, Ms Sitharaman said that her ministry has received inputs from almost all the states on the issues related with Foreign Direct Investment, FDI in e-commerce segment. <br/><br/>The minister on July 15th chaired a meeting of states on the issues and were asked to give their views and comments . As per the current FDI policy, e-commerce activities refer to the activity of buying and selling by a company through the e-commerce platform. Industry experts said that the government needs to define the term marketplace and also elaborate as to what constitutes retail and wholesale trading on online platforms. <br/><br/>At present, 100 per cent FDI is allowed in business-to-business, B2B e-commerce and not in the retail segment. Global retail giants as well as some domestic e-retailers want the government to relax the foreign investment norms in the the space. According to estimates, the sector's size is around 5 billion dollars annually. <br/> <br/>On the other hand, traders body CAIT has strongly opposed any kind of relaxation in FDI in e-commerce retail. They have alleged that e-commerce firms are violating FDI norms.