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Less footfall in markets amid cash liquidity issue: CAIT

Traders are concerned that they might not be able to sell the stock of goods procured in anticipation of good business as there is less footfall of consumers in the markets due to cash liquidity issue, CAIT said. The Confederation...

Deadline for sale of pre-GST goods extended to Dec 31: Ram Vilas Paswan

The Government has extended the deadline for sale of pre-GST goods with stickers of revised rates by three months to December 31, Consumer Affairs Minister Ram Vilas Paswan said. According to a PTI report: The decision came after several companies...

CAIT demands action against e-comm sites flouting FDI policy

Traders body CAIT today alleged that e-commerce portals are openly flouting FDI policy, and said it may move the court if no action is taken by the government against them. In a statement, CAIT said it, "expresses deep anguish and...

CAIT demands stay on business ops of Amazon & Flipkart, says discounts flout FDI policy

The Confederation of All India Traders (CAIT) has charged e-commerce biggies Amazon, Flipkart and Snapdeal - and others - for violating India's FDI policy for e-commerce issued by the Government on March 29, last year. The traders' body has filed...

GST to rollout on July 1, return deadline relaxed by 2 months

The GST Council on Sunday unanimously agreed on a July 1 rollout of the Goods and Services Tax regime despite some pending issues, while relaxing the return filing deadline for the first two months, and approved the rules on...

GST rates for gold, diamond, footwear, packaged goods, textiles announced

The GST Council on Saturday completed the work of bringing all items under a 4-slab tax structure with gold attracting 3 per cent rate, ending suspense on the item dear to Indians, even as all states barring West Bengal...

Fitment of goods in GST tax slabs must be revisited: CAIT

The Confederation of All India Traders (CAIT) said that classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country leading various verticals of retail...

CAIT raises concern on GST affecting small businesses

The biggest indirect tax transformation ‘GST’ will be upon us in a few weeks from now. The law makers are deliberating on the specific clauses and contours of it – so that the appropriate legislations can be passed. The...

Digital payments training programme launched for traders

The Central Government on Saturday launched a major training programme for more than 13,000 small and medium businesses on adopting digital payment modes. "The objective of ushering in transparency in the system along with reducing corruption can only be achieved...

Sellers offer discounts on e-commerce sites : DIPP

E-commerce companies have told the Department of Industrial Policy and Promotion (DIPP) that discounts on their platforms are being offered by sellers, who are free to run such schemes both in online and offline mediums, a senior official said. “E-commerce...
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Zepto names Shashank Shekhar Sharma as Zepto Café CXO

Sharma will oversee Café operations, footprint expansion, equipment procurement, quality control, and the end-to-end customer experience of Zepto CaféNew...
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