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CAIT demands deferment of IT Act clause related to MSMEs

The clause in the Income Tax Act added through the Finance Act 2023 is aimed at addressing the issue of working capital scarcity in the MSME industry and promoting prompt payments to micro and small businessesNew Delhi: Representatives of...

Ram temple consecration to generate Rs 1 lakh crore worth of business: CAIT

Approximately 30,000 different programmes by trade associations are being organised across the country in view of the Ram temple consecrationNew Delhi: Business worth Rs 1 lakh crore is expected to be generated with the consecration ceremony of Ram temple...

Meta, CAIT to upskill 10 lakh traders on WhatsApp Business app

The owner of WhatsApp, Instagram and Facebook also announced the launch of Meta Small Business Academy, a new programme to enable emerging entrepreneurs to learn digital marketing skills and earn a certificationNew Delhi: Meta on Monday announced it has...

Govt. announces new norms to curb fake online reviews of products, services

The BIS standards, prepared after extensive stakeholder consultations and to be effective from November 25, will be voluntary but the government will consider making them mandatory in case the menace of fake reviews continues on the online platforms.New Delhi: E-commerce...

Reduce store timings in place of lockdown in Maharashtra: CAIT

Traders' body CAIT on Monday suggested Maharashtra Chief Minister Uddhav Thackeray to reduce shop timings from 11 am to 5 pm instead of imposing full lockdown to control surging coronavirus cases. The Confederation of All India Traders (CAIT) said that though steep increase in COVID-19 cases...

Foreign marketplaces control sellers on their platform, use anti-competitive practices: CAIT

Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules. The issue was raised by Confederation of All India Traders (CAIT) Secretary General...

CAIT to launch month-long nationwide stir against foreign e-commerce giants

Traders' body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms. The day-long 'Bharat Vyapar Bandh', called by the Confederation of All India Traders (CAIT) on February 26,...

CAIT alleges violation of e-commerce rules by e-commerce firms

Ahead of its 'Bharat Bandh' call on February 26, traders' body CAIT wrote to Prime Minister Narendra Modi raising issues related to the GST regime, and alleging violation of e-commerce rules by major e-tailers. In its letter to the prime minister, the...

CAIT says 2% extra tax on foreign e-comm majors will ‘level playing field’

The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2% extra tax on foreign e-commerce companies whether engaged in business of sale of goods or providing services, acceptance of offer for sale, placing of...

Take action against Amazon, Flipkart, Swiggy, Zomato for ‘daylight robbery’: CAIT

The Confederation of All India Traders (CAIT) said in a statement that its delegation held a meeting late on Thursday with Indian Commerce Minister Piyush Goyal, who told them a "strenuous exercise" was underway to issue new foreign investment rules."Mr. Goyal told...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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