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CAIT seeks 1 year delay in implementation of new MSME payment rule

The trade body met Finance Minister Nirmala Sitharaman on February 14 to put forward its concerns

Praveen khandelwalConfederation of all india tradersAll india tradersIncome tax actGeneral praveen khandelwalFinance minister nirmala sitharamanIncome tax lawFinance actTrade receivables discounting systemIncome taxFinance act5 days payment

Textile Traders: Textile traders meet FM, raise issue of new norms | Surat News

Textile traders from Surat met FM Nirmala Sitharaman to raise concerns over new payment norms in the Income Tax Act. Weaving industry players support the norms, while textile retailers across the country have stopped buying from Surat traders. Surat's weaving industry leaders oppose the demand for extending the payment time limit.

New delhiKailash hakimPraveen khandelwalNirmala sitharamanAshok jirawalaFederation of gujarat weaver welfare associationGujarat textile traders associationFederation of surat textile trader associationIncome taxPrime minister narendra modiSurat textile trader associationMaskati cloth mahajanSouth gujarat textile traders associationGujarat weaver welfare associationUnion finance minister nirmala sitharamanGeneral praveen khandelwal

CAIT advises traders to switch from Paytm to other payment options

CAIT advises traders to switch from Paytm to other payment options
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Praveen khandelwalIndia new delhiGeneral praveen khandelwalLast updated

Paytm | CAIT advises traders to switch from Paytm to other payment apps in light of RBI action

Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down on tech poster boy Vijay Shekhar Sharma-run entities, according to sources

Praveen khandelwalConfederation of all india tradersPaytm payments bank ltdReserve bankAll india tradersVijay shekhar sharma runGeneral praveen khandelwalEserve bank of india rbi

CAIT advises traders to switch from Paytm to other payment apps in light of RBI action

"The Reserve Bank of India has imposed certain restrictions, prompting CAIT to recommend that users take proactive measures to protect their funds and ensure uninterrupted financial transactions. Large number of small traders, vendors, hawkers and women are making payments through Paytm and as such RBI restrictions on Paytm could lead financial disruption to these people," the Confederation of All India Traders (CAIT) stated.

Praveen khandelwalPaytm payments bank ltdConfederation of all india tradersReserve bankAll india tradersVijay shekhar sharma runGeneral praveen khandelwalVijay shekhar sharmaMoney laundering