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MALLS URGE GOVT TO INTERVENE & HELP THEM STAY AFLOAT

Mall owners and traders from the city have urged the district administration to review its decision to announce stringent restrictions, including the night travel curbs and closure of malls for a week. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/malls-urge-govt-to-intervene-help-them-stay-afloat/81883574

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HIGH-VALUE APPAREL PRODUCTS WILL HELP INDIA MITIGATE COVID-19 EFFECTS: KPMG

Fashion retail markets across the world were under severe stress even before the COVID-19 crisis. A new KPMG report ‘Covid-19: Mitigation strategy for Indian textile and apparel sector’ highlights issues like deep discounting and damp consumer sentiments were already threatening the future prospects of the industry. The onset of the COVID-19 pandemic has plunged the...

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HYDERABAD’S HIGH STREET ON FAST TRACK; 1.3 MN SFT ON THE CARDS

After being under lock and key for most part of 2020, Hyderabad’s high street retail sector is once again witnessing hectic activity this year. According to rough market estimates, the city is eyeing around 1.3 million square feet (sft) of demand in this sector — set to come up in areas such as Banjara Hills, Jubilee Hills, A S...

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RELAINCE DELAYS LONG STOP FOR FUTURE GROUP DEAL

Amazon, which owns a 49 per cent stake in Future Coupons a Future Group holding company, has objected to the deal and approached the arbitration court in Singapore, which said it should be suspended pending a final decision. Since the past few months, the transaction is under dispute in the Delhi High Court and the...

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MAHARASHTRA MALLS, RESTAURANTS AND THEATRES TO SHUT TILL APRIL 30, FULL LOCKDOWN ON WEEKENDS

The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/maharashtra-malls-restaurants-and-theatres-to-shut-till-april-30-full-lockdown-on-weekends/81905628

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Cir No 01 / C-2 / 2021 – NORMS FOR MUMBAI & MAHARASHTRA VALID UPTO 30TH APRIL 2021 DURING LOCKDOWN

Circulars Cir No. 01 / C-2 / 2021 Cir No. 01 / C-2 / 2021  05th April 2021 TO ALL MEMBERS IN MUMBAI & MAHARASHTRA: Dear Sir,  We are enclosing herewith a Circular for the Norms to be followed by Offices and Manufacturing Units in Maharashtra including Mumbai. We are also attaching herewith the Portion Highlighting...

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Cir No. 73 / G – 2 (HSN CODE) / 2021 – HSN CODES FOR VARIOUS READYMADE GARMENT CATEGORIES

Circulars Cir No. 73 / G-2 (HSN CODE) / 2021 Cir No. 73 / G-2 (HSN CODE) / 2021  31st March 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Members,  As you are aware, 4 Digit HSN Code (if turnover is less than 5 crores) and 6 Digit HSN Code is required to be put...

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Cir No. 72 / G – 2 / 2021 – IMPORTANT CHANGES IN GST PROCEDURE & DOCUMENTATION

Circulars Cir No. 72 / G-2 / 2021 Cir No. 72 / G-2 / 2021  31st March 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Members,  As you are aware, several Important changes are being brought about in the Documentation and Procedures for GST with effect from 1st April 2021. Please find below a Summary of the...

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Cir No. 71 / C – 5 / 2021 – CONCILIATION & ARBITRATION SERVICES

Circulars Cir No. 71 / C-5 / 2021 Cir No. 71 / C-5 / 2021  17th March 2021 TO ALL MEMBERS OF THE ASSOCIATION: Dear Sir, We are enclosing herewith a soft copy of the pamphlet giving the details of Services provided by the  Conciliation & Arbitration department of the Association. We request you to...

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Cir No. 70 / C – 2 / 2021 – LET US TRY TO AVOID ANY FURTHER LOCKDOWN

Circulars Cir No. 70 / C-2 / 2021 Cir No. 70 / C-2 / 2021  16th March 2021 TO ALL MEMBERS IN MUMBAI AND MAHARASHTRA Dear Members, I am sure you must have been reading Reports of the number of Covid 19 Cases once again shooting up in Maharashtra, and in particular Mumbai City. The...

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