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Praveen Khandelwal

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...

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...

Amazon's manipulative policies to dominate Indian retail must end: CAIT

Trader's body CAIT on Monday said Amazon's "manipulative, coercive, arbitrary and dictatorial policies" to dominate India's retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group's proposed asset sale to Reliance Retail, a deal...

India's retail trade loses Rs 15 lakh cr in 100 days

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...

Retailers upset over no govt support

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...

Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers

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:...

CAIT to soon launch 'bharatemarket.in' for online retail trade

The Confederation of All India Traders (CAIT) on Friday announced that it will soon launch an e-commerce platform -- bharatemarket.in -- for retail traders across the country. "The e-commerce portal will include a nationwide participation by real-world retailers, who have...

CAIT, DPIIT to launch e-commerce platform for small retailers

The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry & Internal Trade (DPIIT) have joined hands to come up with an e-commerce platform for local retailers and grocery stores. The announcement comes a day after...

Bezos's India visit crucial as e-commerce space gets fierce

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...
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Swiggy launches ‘Pawlice’ initiative to harness delivery partners’ network in finding missing pets

Swiggy launched the feature on Thursday on the occasion of National Pet Day, which falls on April 11New Delhi: Pet...
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