The Indian Commodity Exchange Ltd (ICEX), a Reliance ADAG-anchored platform, is set to facilitate trading and delivery of smallest tradeable polished diamonds on its platform, and the exchange is scheduled to launch futures trading by the end of August. This is to attract the smallest players in …
Tag: small traders
Small traders reluctant to accept Rs 2k notes
Printing of Rs 2,000 notes stopped about five months ago to step up the production of smaller bills, including a new Rs 200 note
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GST will not lead to rise in inflation, will benefit small biz: Hasmukh Adhia
The government on July 1 swayed concerns that the Goods and Services Tax (GST) would lead to higher inflation if businesses do not pass on the benefits to consumers saying that the competition itself will take care of any disparity in prices. Speaking at ‘GST Doosri Azadi’, a conclave on GST…
Supply chain & infra still not GST-ready, worry small traders
Ahead of the Goods and Services Tax (GST) implementation on July 1, small and medium traders have said they are not prepared in terms of infrastructure and the readiness of their supply chains for the new tax regime. “Traders are not prepared for it (GST). The biggest problem is that a large numb…
Small traders want penal norms delayed
With 60 per cent of the country’s small traders yet to be computerised, wholesalers and traders are demanding amnesty from penal provisions of GST for atleast nine months. A large number of small traders are still not educated about GST and there are expected to be teething problem for them in th…
हरियाणा: राज्य सरकार ने छोटे व्यापारियों के लिए मार्केट फीस ख़त्म की
हरियाणा सरकार ने छोटे कारोबारियों, जिनका टर्न ओवर पांच लाख रूपये तक है, का वार्षिक व्यापार बाजार शुल्क ख़त्म कर दिया है। राज्य के मुख्यमंत्री मनोहर लाल खट्टर ने व्यापारिक कांफ्रेंस-विराट व्यापारिक सम्मेलन में कई योजनाओं को शुरू करते हुए कहा है कि वैट / सीएसटी रिफंड की ऊपरी वित्तीय सीमा को भी बदला …
PM Modi’s New Year’s Eve address: Multiple sops announced for SMEs
Prime Minister Narendra Modi in his New Year’s eve address on December 31 announced sops for the SME and MSME sector. “To increase the employment that SMEs and MSMEs can provide, we are increasing the credit guarantee to Rs 2 crore from 1 crore,” PM Modi said. “Through a trust, the government wil…
Digital push to help small traders save up to 46% in tax: Govt
Government on December 20 said small traders will be able to save up to 46 per cent in tax by migrating from cash to digital transaction mode, as the decision to tweak the presumptive income norms would reduce tax liability. “Apart from making tax saving of up to 46 per cent by migrating to digit…