Auto sales record decline; GST collection dips 11% in March : News Reel: Business Today
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Auto sales record decline; GST collection dips 11% in March

BusinessToday.In | April 2, 2020
Leading manufacturers including Maruti Suzuki, Mahindra & Mahindra, Toyota, and Hyundai recorded a sharp decline in sales, owing to production shutdown amid coronavirus outbreak; The GST collection in March has come down to Rs 97,597 crore from Rs 1.06 lakh crore in February, a drop of almost Rs 8,000 crore or 7.5 per cent. This is 11 per cent lower than the Rs 1.07 lakh crore collected in March 2019; IAG-owned British Airways  is expected to announce the suspension of about 36,000 of its employees; U.S. President Donald Trump said the coronavirus statistics China was reporting seemed "a little bit on the light side." This and more news on News Blast.



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