Crores of traders urge FM Nirmala Sitharaman to defer GST, income tax compliances by three months

Covid impact on MSMEs:  Traders’ body Confederation of All India Traders (CAIT) has urged the government to defer as many as 11 compliances under Goods and Services Tax (GST) and 15 compliances under the Income Tax Act by three months in the wake of Covid crisis in the country. The confederation, which represents around 8 crore traders across 40,000 trade associations in India, requested Fina…