Maruti Suzuki Says No Urgent Need To Cut GST On Cars: Report

Maruti Suzuki India Ltd, India's biggest carmaker, said on Thursday there was no immediate need for the government to cut taxes (GST) on cars to boost sales even as it warned of uncertainty in demand after December.

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

The amendment notified by the Road, Transport and Highways ministry will help the physically challenged citizens properly avail various benefits and financial incentives available while purchasing a new vehicle.

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

Gold Price In India Today: Domestic spot gold closed at Rs 51,238 per 10 grams excluding GST, according to the Mumbai-based India Bullion and Jewellers Association (IBJA).

The home-grown automaker, Tata Motors has recently stated that any kind of support from the Government of India towards GST reduction would help the passenger vehicle segment immensely.

This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019.

The central government had last week agreed to borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections.

After four months of confrontation over GST (Goods and Services Tax) dues, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of states. Finance Minister Nirmala Sitharaman has, in a letter to states, explained the reason for the turnaround.

Senior Congress leader P Chidambaram on Thursday welcomed the change in the position of the central government which will now borrow Rs 1.1 lakh crore and extend it to states to make up for the shortfall in the GST compensation.

The Centre borrowing on behalf of states is likely to ensure that a single rate of borrowing is charged and this would also be easy to administer.

Private hospitals in Kolkata have welcomed the state government's decision to reduce the cost of COVID-19 test from Rs 2,250 to Rs 1,500 as well as fixing rates for ambulance services.

There was no consenus to break deadlock between centre and states over mode of payment of GST compensation, Union Finance Minister Nirmala Sitharaman said late Monday night after yet another marathon meeting of the GST Council

A man has been arrested on charges of creating and operating fictitious firms on forged documents and passing fake input tax credit (ITC) of Rs 190 crore, the Directorate General of GST Intelligence (DGGI) said on Friday.