Market yard traders will be making a big release to relieve TDS

-

Unjha, Ta. 31 August 2019, Saturday

A protest against controlling the government's cash transactions has been launched in protest against the government's cash transactions, with two markets in North Gujarat and six majors in Saurashtra opposing the closure of the Ujha Marketplace tomorrow for an indefinite period in protest against two percent TDS over withdrawal of more than one crore.

The central government has taken steps to curb cash transactions between traders and farmers by imposing two per cent TDS on annual withdrawal of more than one crore rupees from September 1. Which merchants are strongly opposed to. Also, the agricultural markets behind this cause will be closed tomorrow for an indefinite period tomorrow.

A delegation of nine members, including legislators, legislators and businessmen from Unza Marketyard, are marching to present to the Prime Minister of Delhi on Monday in this regard.

The trade class is still confused due to some ambiguity regarding the limit imposed by the government with a cash withdrawal of Rs. It is unclear whether one crore is a Limit Bank Wise or a firm is Wise.

Traders receive one and a half per cent commission in the sale of agricultural goods among the agro-traders while the farmer insists on payment of cash, two percent of the TDS has to be paid to the government.

In this regard, there is a demand from traders that the current account of the traders should also have an Agri head and the traders with the Agri-headed Current account should be exempted from TDS.

It is currently uncertain when this fight will end. Besides the agricultural business of Rs 1 to 3 crore daily, the transport industry has also been feared that the trade will be hit hard.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more