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Govt examining industry demands; breather on tax compliance deadline likely

Proposals for a 3-month extension of compliance timeline being considered

Delhi under lockdown for a week as rising Covid cases stretch health infra

Announcing lockdown in Delhi in a virtual address, Chief Minister Arvind Kejriwal said: "If strict measures are not taken now, the health system in Delhi can collapse."

Competition in e-tail: Fair or unfair?

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition

No effect of Bharat Bandh, business running as usual across India: CAIT

The farmers' protests have been continuing at the borders of the national capital against the Union farm laws

Stick to spirit of law instead of finding loopholes: Goyal to investors

Goyal said that some investors have been trying to circumvent and misuse the provisions of the law, which leads to the government trying to plug the loophole

Traders appeal to govt for Covid vaccination for workers of all age groups

Industry bodies CAIT and RAI urged govt to included them in the frontline workers list, argue that will speed up business recovery

FDI policy in e-comm sector should be enforced in letter and spirit: CAIT

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.

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

CAIT demands MSME status restoration for 8 cr traders from service industry

The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore retail and wholesale traders who are part of the service industry. The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources, CAIT Secretary General Praveen Khandelwal told PTI. According to banking sources, about Rs 3 lakh crore loans given to them are at the risk of losing a tag of MSMEloan at the end of March when banks do their annual closure. As a result, many banks will face the problem of meeting priority sector lending (PSL) target and the shortfall may have to be parked with Small Industries Development Bank of India (SIDBI) or Micro Units Development & Refinance Agency Ltd (MUDRA). Along with agriculture, loans given to MSME sector also come under the PSL and as per the RBI's guidelines, commercial banks should extend 40 per cent of the ...

Explained: Has Amazon actually broken e-commerce regulations in India?

Objections from the competition regulator and powerful retailers' associations could prompt a tightening of foreign direct investment rules for the online sellers

Traders' body CAIT to launch dialogue campaign in Delhi from Friday

CAIT said it will launch a one-month long dialogue campaign from Friday involving door to door visit of each market in all corners of Delhi

Traders body to launch agitation from Mar 5 against GST, e-commerce issues

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.

Amazon-Flipkart probe: Want to create level playing field, says CCI lawyer

The Competition Commission of India (CCI) lawyer told the Court that when big players give discounts, they incur losses for a short time, but this pushes the smaller players out

CAIT demands ban on Amazon in India, seeks action against e-commerce firms

CAIT accused Amazon of indulging in predatory pricing, deep discounting and inventory control

Commercial markets across India to remain shut on Feb 26: Traders' body

Traders' body CAIT on Thursday said all commercial markets across the country will remain closed on February 26 in view of its 'Bharat Bandh' call

Traders' body asks govt to ban WhatsApp, Facebook over new privacy policy

Traders' body CAIT wrote to Information and Technology Minister Ravi Shankar Prasad demanding that the government restrict WhatsApp from implementing its new privacy policy or impose a ban on it

New farm laws likely to harm livelihood of small traders, says CAIT

The traders said after the new laws there was a danger of increasing monopoly in agriculture trade which would impact the livelihood of millions of small traders

CAIT urges FM Nirmala Sitharaman to defer rollout of Rule 86B in GST

This restriction will not apply where the managing director or any partner has paid more than Rs 1 lakh as income tax

Karnataka HC to hear CCI petition against Amazon, Flipkart in January

In October, the CCI appealed in the Supreme Court against the Karnataka High Court's interim stay on its probe against the e-commerce firms

Markets, transport sector to remain open on Tuesday: CAIT, AITWA

Traders' body CAIT and All India Transporters Welfare Association on Monday said markets across the country will remain open on Tuesday and the transport sector will function as usual.