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CAIT welcomed Rajasthan government stand on FDI

NI Wire,    Sat, 1 Feb 2014
While welcoming the decision of Rajasthan Government for withdrawing permission for allowing FDI in Retail given by previous Governme+nt, the Confederation of All India Traders (CAIT), apex body of business community of India has expressed utter surprise over the changing colours of Union Government on this issue.

Kejriwal announces scrapping of AR1 for Value Added Tax

NI Wire,    Sat, 1 Feb 2014
Chief Minister Arvind Kejriwal made a number of important announcements giving relief to traders while interacting with the various traders and markets organisations of the city in Delhi Secretariat.

Demonetization move is strongly anti-poor: Meenakshi Lekhi

NI Wire,    Fri, 24 Jan 2014
BJP National spokesperson Meenakshi Lekhi has said that demonetization of certain currency notes prior to 2005 is being targeted. But the present govt. is not in a position to measure the correct quantum of black money because those who have the black money will convert it into new currency notes.

Need to focus on growth of enterprise and job creation: FICCI

NI Wire,    Tue, 7 Jan 2014
FICCI has underlined the need to strengthen key enablers for growth of enterprises and job creation through a multi-pronged Economic Agenda for the return of the economy to a sustained high growth path. The Agenda was released at the maiden press conference of Sidharth Birla, President, FICCI. He said the Agenda is essentially dynamic and will undergo refinements and additions as we move forward.

CAIT endorsed the idea of Banking Transaction tax

NI Wire,    Mon, 6 Jan 2014
The Confederation of All India Traders (CAIT) has endorsed the idea of levy of Banking Transaction tax in lieu of VAT, Service Tax, Excise, Income Tax & other taxes. Such a tax will widen the tax base resulting in generation of more revenue to the Govt. as also providing a simple taxation system in India.

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