Tag: traders

Afraid of GST, retailers are limiting their purchases

Afraid of possible losses after the July implementation of goods and services tax (GST), many small retailers and wholesalers have limited the quantity of products they buy from consumer goods companies. The fear is a result of the worry that once GST gets implemented, it would apply on the goods…

Govt likely to provide benefits to jute industry

As part of efforts to support the jute sector, the government is likely to make use of jute bags mandatory in packaging of food grains and sugar of specified quantities for the 2016-17. The Textiles Ministry has sought the Cabinet approval for its proposal to make it mandatory to package 90 per c…

Interest of small businesses protected: GST Panel Chief Amit Mitra

With the Centre and states agreeing to keep traders with turnover of up to Rs 20 lakh out of the GST ambit, interest of small traders has been protected, West Bengal Finance Minister Amit Mitra said on September 23. Hailing the decisions reached at the first meeting of GST Council, he said more t…

‘Alliance for Digital Bharat’ formed to help SMEs digitize

In a bid to develop conducive atmosphere for digitalisation in non-corporate sector, prominent stakeholders of economy have come forward to form the ‘Alliance for Digital Bharat”. The Alliance includes national organisations of traders, transporters, consumers, farmers, hawkers, SMEs, self-…