Live
- Trump’s Social Security Tax Promise Faces Hurdles: What Retirees Need to Know
- Hyundai Motor India Limited Announces 2024 Edition of ‘Hyundai Always Around’ Campaign
- World Quality Day: Hindustan Zinc Reaffirms Commitment to Superior Product Quality & Innovation
- Samsung TV Plus Announces the Launch of Four New FAST Channels From Viacom18 Exclusively on Samsung Smart TVs
- Arun Pandey 3.0 set to revolutionise lottery industry with Great Goa Games (GGG)
- How Organisations Can Support Mobile Workforces with Diabetes - From Prevention to Management
- Google Rolls Out Real-Time Spam Detection Feature for Pixel Users
- Marriott international and Samhi hotels announce strategic expansion, sign agreement to open three more properties in india
- Telangana Group-4 Results Declared: 8,084 Candidates Selected for 8,180 Posts
- 2024 Is Shaping Up to Be the Smallest Black Friday Ever: GoDaddy Study
Most Kolkata shops observe trade strike over GST procedures
Most of the shops and retail establishments remained closed in the city on Friday following a day\'s strike called by the Bhartiya Udyog Vyapar Mandal (BUVM) against the procedures and provisions of the Goods and Services Tax (GST).
Kolkata: Most of the shops and retail establishments remained closed in the city on Friday following a day's strike called by the Bhartiya Udyog Vyapar Mandal (BUVM) against the procedures and provisions of the Goods and Services Tax (GST).
Many shops in Burrabazar, one of Asia's biggest wholesale market, kept their shutters down, while the usual buzz was missing in the iconic New Market as retailers observed the trade strike.
"In a bid to protest against the procedures and provisions of the GST which will be effective from July 1, we are observing a one-day strike today (Friday)," BUVM's patron and Chairman of the Federation of West Bengal Trade Associations Mahesh Singhania told IANS.
"Most of the shops and trading outfits remained shut in the city. In the districts, the strike, so far, has had a mixed impact," Singhania said.
"We are not against the GST but we will continue to demand simplification of laws, rules, penal provisions and reduction of compliance burden," he added.
Traders across districts came out with rallies protesting the "complex processes" in the new indirect tax regime.
Textile traders also joined the one-day strike.
Chamber of Textile Trade and Industry (COTTI) President Arun Bhuwalka said that lack of clarity on GST on textile-made things has confused the textile industry, which has lakhs of small and micro level entrepreneurs.
"GST was announced as one nation, one market and one tax -- it is not at all so with several tax slabs," Singhania added.
