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Tag: CAIT

Promoting GST and Digital Payments at District level
Apparel and Textile News Trade Info News

Promoting GST and Digital Payments at District level

Maharashtra government has decided at a meeting in Mumbai to form district-level committees comprising senior officials and representatives of the Confederation of All India Traders (CAIT) to monitor acceptance and adoption of goods and services tax (GST) and digital payments among traders and render assistance to resolve related issues. The meeting between senior government officials […]

Whip On 'Sale' Advertisements By E-Tailers
Apparel and Textile News Retail News

Whip On ‘Sale’ Advertisements By E-Tailers

The centre has cracked the whip on E-Tailers, asking them to comply strictly with ecommerce guidelines, when releasing advertisements announcing a sale or discount in newspapers. And if they are giving advertisements, then it should be clearly mentioned that these discounts are given by vendors and brand owners. An official said that online retailers were […]

Govt Okays 100% FDI In E-Commerce
Apparel and Textile News Global News Retail News

Govt Okays 100% FDI In E-Commerce

The government has okayed 100 per cent Foreign Direct Investment (FDI) in marketplace e-commerce, where the company only provides platform for buyer and seller to connect. “100 per cent FDI under automatic route is permitted in marketplace model of e-commerce,” the Department of Industrial Policy and Promotion (DIPP) said in a press release. “FDI is […]

Govt To Define E-Commerce For Clarity
Apparel and Textile News Trade Info News

Govt To Define E-Commerce For Clarity

The government is working on a proper definition to bring clarity on a host of issues including taxation for e-commerce companies in view of ‘very complex’ and ‘multi-layered’ business structure of these firms. Union commerce and industry minister, Nirmala Sitharaman said e-commerce is not a simple issue. She said state governments have given their inputs […]

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