Cait

CAIT accuses quick commerce platforms of regulatory violations, urges government intervention

The trade body claims that these platforms are misusing Foreign Direct Investment (FDI) to dominate supply chains, control inventory, and fund predatory pricing tactics, creating an unfair environment for small retailers and pushing Kirana stores out of business.

Ganesh Chaturthi to boost business by Rs 25,000 crore: CAIT Report

BC Bhartia, CAIT National President highlighted the economic impact of Ganesh Chaturthi, pointing out that the trade in Ganesha idols alone generates over Rs 500 crore.

Piyush Goyal’s comments on Amazon underlines foreign cos’ aim to create unhealthy, uneven competition: CAIT

Strap: CAIT’s Secretary General Praveen Khandelwal calls for greater scrutiny on foreign investments to ensure they contribute positively to the local economy and not merely serve to sustain unprofitable operations

CAIT predicts record Rs 12,000 crore festive trade during Rakhi 2024

CAIT's National General Secretary noted that the business during the Rakhi festival has steadily increased from Rs 3,000 crore in 2018 to an expected Rs 12,000 crore this year, up from Rs 10,000 crore last year.

Will push for GST reforms, single licensing for traders in Modi 3.0: Praveen Khandelwal

"The next five years will be a golden period for trade and small businesses," the freshly minted member of Parliament from Chandni Chowk and secretary general of traders' body CAIT said.

Exclusive: Govt likely to relax 45-day MSME payment rule in Budget

The options may include extending the 45-day period to 60 days and even revoking the Income Tax Act amendment introduced in the interim Budget earlier this year.

After Paytm Payments Bank crisis, need comprehensive policy for fintechs: CAIT’s Praveen Khandelwal

As far as Paytm goes, since most traders have shifted to other payment options, there will not be any implications on the trading community, says Khandelwal. As far as Paytm Payments Bank is concerned, the funds of depositors or account holders should be returned safely, he says,

CAIT seeks 1 year delay in implementation of new MSME payment rule

The trade body met Finance Minister Nirmala Sitharaman on February 14 to put forward its concerns

Paytm fiasco highlights need for firms to address security vulnerabilities: CAIT

Such an unprecedented event in the fintech ecosystem of the country will not shatter the confidence of traders and others in the digital payment system built over the years, CAIT National President BC Bhartia said

38 lakh weddings to generate Rs 4.74 lakh crore starting November 23

According to CAIT, over 4 lakh weddings are expected to be held this season in Delhi alone generating a business of about Rs 1.25 lakh crore.

Regulatory authority in e-commerce needed for protecting small players, says CAIT

"There has to be a regulatory authority…like SEBI for share market, and for telecom industry…to regulate and monitor e-commerce and we are going to request the government (for the same)," he said.

CAIT and Meta extend partnership to train traders via Whatsapp Business

The course module and examination are offered in seven languages, allowing the programme to reach MSMEs across India: English, Hindi, Marathi, Bengali, Kannada, Tamil, and Telugu.

Meta partners CAIT to upskill one million traders on WhatsApp Business app

The new Meta Small Business Academy will enable new entrepreneurs to learn digital marketing skills and earn a certification.

CAIT calls for reducing GST on beverages

The traders' body said it will launch a campaign to forge an alliance with other verticals of the economy like farmers, transporters, SMEs, etc. to impress upon both the Centre and state governments to lower the tax rate on beverages.

CAIT, other organisations pitch for immediate rollout of e-commerce policy

Claiming that the e-commerce spectrum of the country has been vitiated, CAIT Secretary General Praveen Khandelwal told PTI: "We have demanded from the government that the e-commerce policy should be rolled out immediately.

Traders' body says 50,000 mobile shops have shut because of illegal practices by e-commerce firms

The Confederation of All India Traders (CAIT) alleges unholy nexus between e-commerce platforms, banks and mobile brands, and points out that while 8 percent of global mobile phone sales happen through e-commerce, this number is much larger in India at 58 percent.

MCD polls: CAIT sends demands to political parties, wants shops unsealed

Listing out a series of demands in a charter sent to the AAP, BJP and Congress, the trade body pointed out that 100 wards in Delhi are dominated by traders.

32 lakh weddings in India during November 4-December 14 to generate Rs 3.75 lakh crore business: CAIT

The Confederation of All India Traders (CAIT) based its assessment on a survey conducted by its research arm.

Indian MSMEs raise concerns over new pricing of Google Workspace

The new policy would cost Indian MSMEs an additional Rs 2,000-5,000 crore every year for certain services they would never use.

Include endorsers, influencers in policy to protect consumers from fake reviews: CAIT

The Confederation of All India Traders (CAIT) also argued that rating of a product or service should be made a part of the policy framework for reviews.

CAIT seeks withdrawal of GST on pre-packed food items

The Confederation of All India Traders (CAIT) sent a letter to chief ministers and finance ministers of all the states, demanding that the 5 per cent GST imposed on unbranded food grains and other items from July 18 should be withdrawn, a CAIT statement said.

CAIT to organise nationwide agitation for simplification of GST laws