GST collection scales record high of Rs 1.13 lakh crore in April

GST collection scaled all-time high of over Rs 1.13 lakh crore in April, up from Rs 1.06 lakh crore in the previous month, the finance ministry said Wednesday. Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of … Read moreGST collection scales record high of Rs 1.13 lakh crore in April

Maruti Suzuki reports 17% dip in April sales

The country’s largest car maker Maruti Suzuki India on Wednesday reported 17.2 per cent decline in sales at 1,43,245 units in April. The company had sold 1,72,986 units in April last year, Maruti Suzuki India (MSI) said in a statement. Domestic sales declined by 18.7 per cent at 1,34,068 units last month as against 1,64,978 … Read moreMaruti Suzuki reports 17% dip in April sales

More airfare shocks ahead as jet fuel price raised

Airfares have been high ever since Jet reduced flights from earlier this year and then shot up tremendously after it suspended operations on April 17. The govt has requested other airlines to augment capacity to help bring fares down from runaway levels. Oil companies have raised jet fuel prices by 2.5% for May, after recent … Read moreMore airfare shocks ahead as jet fuel price raised