New Delhi, Jan. 14 -- The Confederation of All India Traders (CAIT), representing over 9 crore traders and small business entrepreneurs, has submitted a comprehensive set of budgetary recommendations to Union Finance Minister Nirmala Sitharaman.

In a letter ahead of the upcoming Union Budget, Praveen Khandelwal, Member of Parliament and Secretary General of CAIT, proposed a series of structural reforms to digitise and secure the nation's vast trading community.

The letter emphasises that the "trading community has always been the backbone of India's economy and a strong pillar of employment generation." The proposals focus on transitioning to a trust-based business system by introducing a single-window compliance system for small trader...