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...
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,...
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...
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...
The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules and Regulations by imposing maximum penalty of 3 times the value of the illegal investments...
The ongoing pandemic has hit every sector of the Indian economy hard and the retail trade in the country has lost about Rs 15.5 lakh crore in the past 100 days.
In a statement, the Confederation of All India Traders...
Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a major segment of the economy - the retailers and...
Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities.
According to a PTI report:...
Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown.
According to a...
The Confederation of All India Traders (CAIT) on Sunday said that "confusion" is preventing traders from opening shops even following the orders issued by Ministry of Home Affairs and various state governments.
In a statement, CAIT said: "Despite of the...