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Traders’ body pitches for withdrawal of 5% GST on unbranded foodgrains

-Livemint.com The CAIT has urged the states to call an emergency meeting of the GST Council immediately to decide on the withdrawal of the tax on these items Bengaluru: The Confederation of All India Traders (CAIT) on Wednesday wrote to chief ministers and finance ministers of all states demanding the withdrawal of the 5% goods and services tax imposed on unbranded foodgrains and other items that came into effect from Monday.  The association...

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Traders to hold nationwide protest against hike in taxes

-The Telegraph PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday. “The 5 per cent goods and services tax on a range of...

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Bharat Bandh on Feb 26: Commercial markets to remain shut tomorrow -Poulomi Ghosh

-Hindustan Times As a transporter body has supported the strike on the issue of fuel price hike, E-way bill rules, 40 lakh trucks will remain off the road on Friday. Traders' body The Confederation of All India Traders have called for a Bharat Bandh on Friday protesting against the rising fuel prices, Goods and Services Tax, E-Bill etc. All India Transporters Welfare Association (AITWA) has extended support to the call for Bharat...

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CAIT to PM Modi: E-commerce firms monopolising market by violating FDI policy; poor action hurting MSMEs -Sandeep Soni

-Financial Express Big e-commerce companies having deep pockets are leaving no stone unturned in monopolizing the e-commerce business and retail trade of India with their malpractices and violating FDI policy, traders’ body Confederation of All India Traders (CAIT) said in a letter to Prime Minister Narendra Modi on Sunday. CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence...

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Retail policy put on fast track

-The Telegraph The commerce ministry has also formed a committee to address the concerns of stakeholders on the draft e-commerce policy The government plans to come out with a draft national retail policy in the next 10 days amid strong opposition among small traders over the rapid expansion of online retail, led by multinationals, even as they grapple with the computerisation of their operations. The commerce ministry has also formed a committee to...

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