CAIT plans to launch Digital Rath for faster adoption of GST and Digital Payments
~~Digi Varta National Campaign to be launched on May 01, 2017~~
New Delhi, April 28, 2017: The Confederation of All India Traders (CAIT) plans to launch a Digital Rath for encouraging adoption of GST & digital payment among trading community & other verticals of non-corporate sector. This would be a part of its 60 days “Digi Varta” national campaign, to be launched in the Country on 1st May, 2017 which will continue till 30 June, 2017. The announcement was made at a two days National Conference of trade leaders held at New Delhi which concluded today. Payment technology global major MasterCard, lead bankers of the Country HDFC Bank & Tally Solutions Limited, premier Accounting Software Company of India shall be part of the Digi Varta Campaign. More than 150 prominent trade leaders from 27 States & Union Territories attended the Conference.
CAIT National President Mr. B.C.Bhartia said that the campaign will help traders to adopt digital payments and meet the deadline of July 1, 2017 to transit from the current taxation system to the new Goods & Service Tax (GST) regime. To enable small enterprises realise the benefits of digitalisation and adopt technology at a fast pace 6 Zonal Conferences will be held at New Delhi, Mumbai, Kolkata, Nagpur, Banglore & Guwahati will be held followed State level Conferences in each State. The campaign will include market camps, seminars and workshops to be organised in close vicinity of small traders by Master Trainers* being trained by CAIT in association with its partners.
CAIT Secretary General Mr. Praveen Khandelwal informed that a special feature of this campaign will be the introduction of a “DIGITAL RATH” to be continuously driven through various geographies of the country to educate and empower small business and the trading community on enhanced adoption of digital payments and consequently realise seamless transition to GST tax regime, benefitting last mile delivery of key objectives of the Union Government.
Both Mr. Bhartia & Mr. Khandelwal further said that through the launch of this national campaign in association with Mastercard, HDFC Bank and Tally Solutions, we strive to provide GST related hardware and software, financed through a special loan to help small businesses embrace digital payments and GST taxation system. CAIT stays committed to redress the challenges being faced by our traders including education amongst traders, incentives for adoption of technology, availability of affordable tools etc. to trigger transition to modernise business operations and procedures, benefitting industry at large.”
*About Master Trainers
CAIT, in association with Mastercard, launched a campaign in the year 2015 to train trade leaders as “Master Trainers” and has organised more than 100 training conferences in 2015 and 2016, including workshops in over 30 cities across the country through which they were successful in reaching out to over 5 lakh traders. This was further expanded with CAIT’s partnership with Tally Solutions and launch of “Mission GST” in the year 2016 under which more than 5,000 trade leaders were educated and empowered across the country as master trainers to further impart knowledge of GST in their respective states and cities.