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Praveen Khandelwal

CAIT launches Digital Rath to boost digital payments

In its efforts to incentivise digital payments in the country, the Confederation of All India Traders (CAIT) has launched a Digital Rath under its national campaign "Cashless Bano India" in association with MasterCard to boost digital payments among traders...

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...

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...

India Inc hails implementation of GST

The Goods and Services Tax (GST) is on schedule for implementation from July 1. Hailed as the biggest tax reform since India’s independence, GST will replace an array of central and state levies with a national sales tax, thereby...

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...

It's been tough for small traders since demonetization

When Prime Minister Narendra Modi announced demonetization of Rs 500 and Rs 1,000 currency notes, Ravi Kumar, a small trader in Noida like many others across the nation, welcomed the decision with enthusiasm. Two days later, while Kumar still believes...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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