Central Government constitutes the National Traders Welfare Board
MINISTRY OF COMMERCE AND INDUSTRY
(Department for Promotion of Industry and Internal Trade)
(INTERNAL TRADE SECTION)
NOTIFICATION
New Delhi, the 26th July, 2019
F.No. P-55015/2/2019-Internal Trade.—The Central Government hereby constitutes the ‘National Traders’ Welfare Board’ to advise the Government for the fulfillment of the following objectives:
i. To identify policy measures to achieve the objective of welfare of traders and their employees.
ii. To suggest simplifications in the Acts and Rules applicable to traders.
iii. To make recommendations to reduce the compliance burden of traders.
iv. To improve access to funds for traders.
v. To make recommendations regarding social security benefits like insurance, pension, healthcare etc., for traders and their employees.
vi. To make recommendations to address any other problems and issues of traders and their employees.
2. The Board shall consist of the following members, namely:—
| Sl. No. | Members | Status | Remarks |
| 1. | Person capable of representing the issues of traders | Chairperson (Non-Official) |
Nominated by Central Government |
| 2. | Up to 5 Persons having special knowledge of matters relating to the technical or other aspects of retail trade | Member (Non-Official) |
Nominated by Central Government |
| 3. | Up to 10 Representatives of Trade Associations | Member (Non-Official) |
Nominated by Central Government |
3. Joint Secretary, Department for Promotion of Industry and Internal Trade (dealing with Internal Trade) shall be the Convener of the Board. Department for Promotion of Industry and Internal Trade shall provide secretarial assistance to the National Traders’ Welfare Board.
4. Representatives of following Ministries may also be invited for the meetings:
| Sl. No | Ministries/Departments | Status | Remarks |
| 1. | Department of Commerce | Invitee | Ex-officio |
| 2. | Department of Financial Services | Invitee | Ex-officio |
| 3. | Department of Agriculture Cooperation and Farmers Welfare | Invitee | Ex-officio |
| 4. | Ministry of Housing and Urban Affairs | Invitee | Ex-officio |
| 5. | Department of Revenue | Invitee | Ex-officio |
| 6. | Ministry of Labour and Employment | Invitee | Ex-officio |
| 7. | Ministry of Micro, Small and Medium Enterprises | Invitee | Ex-officio |
| 8. | Ministry of Electronics and Information Technology | Invitee | Ex-officio |
| 9. | NITI Aayog | Invitee | Ex-officio |
5. The Board shall meet at least once in every quarter. Quorum of the meeting shall be one-third of the total Members of the Board.
6. Travelling/Dearness Allowances to the Members of the Board other than Official Members abcaus.in shall be regulated as per M/o Finance, Department of Expenditure’s OM No. 19047/1/2016-E-IV dated 14th September, 2017.
7. The term of office of the Chairperson and Members of the Board other than the Official Members shall be two years from the date of appointment, or until further orders, whichever is earlier.
ANIL AGRAWAL, Jt. Secy.
Form 26 to replace Form 3CD of tax audit report from Tax Year 2026-27 Draft Form 26 has been issued…
When AO do not make any addition on the basis of the reasons on which the reopening was done, the…
Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…
Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…
Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…
Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…