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ED to examine findings in report on Amazon- Business News

Commercial markets across India to remain shut on Feb 26: Traders body

Traders body CAIT on Thursday said all commercial markets across the country will remain closed on February 26 in view of its Bharat Bandh call demanding a review of the provisions of the goods and services tax (GST) regime. The Confederation of All India Traders (CAIT) said dharnas (protests) will be held nationwide in 1,500 places demanding the Centre, state governments and the GST Council to keep in abeyance the draconian provisions of GST. It also called for a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by traders. Addressing a press conference, CAIT Secretary-General Praveen Khandelwal said it is also talking to the government on this issue.

CAIT demands ban on Amazon s e-commerce operations in India

CAIT demands ban on Amazon s e-commerce operations in India SECTIONS Last Updated: Feb 18, 2021, 09:24 PM IST Share Synopsis Traders body CAIT on Thursday urged the government to impose a ban on Amazon s e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control. Reuters Traders body CAIT on Thursday urged the government to impose a ban on Amazon s e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control. Addressing a press conference, CAIT Secretary-General Praveen Khandelwal demanded an immediate ban on Amazon s portal and its operations in India and an investigation against the company in a time-bound manner. He also urged the government to probe the business practices of Amazon and Flipkart. However, responding to the allegations, both Amazon and Flipkart said they remain

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