CAIT

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...

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...

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...

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...

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...

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...

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...

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...

As a consequence of demonatisation of high value currency by the Government, the commercial markets over the Country wore a gloomy and deserted look. Post November 8 both retail as well wholesale trade has been affected severely, said traders body...

With consumers saving every single penny post the Government's recent decision to demonetize Rs 500 and Rs 1,000 notes, offline retailers are extending and encouraging consumers to use digital payment alternatives, in order to counter the short-term loss in consumption...