Advertisement
Indian
India’s October car, motorbike sales skid as dealers caution over stock
The sales numbers, based on vehicles registered in the country, were higher than September as more people visited car showrooms, but the Federation of Automobile Dealers Association (FADA) warned that momentum is slow.
New cars fared better than older models, entry-level motorcycles saw poor demand and discounts offered by automakers in October 2019 were higher – all of which affected sales this year, FADA President Vinkesh Gulati said in a statement
GSTN infrastructure upgraded to handle up to 300,000 users concurrently
Besides, the Goods and Services Tax Network (GSTN) has introduced auto-populated sales return form GSTR-3B in PDF form which will be available from October 2020 tax periods onwards.
The complete PDF with auto-population of input tax credit will be available on the common portal (GSTN) from November 12, 2020, GSTN said in a statement.
GSTN said it has augmented the capacity of the gateway from 150,000 to 300,000 concurrent logged in taxpayers to handle the expected sharp surge in the indirect tax-related activities on the portal after easing of lockdown.
India records 45,903 new COVID-19 cases, 490 more deaths
The total number of people who have recuperated from the disease surged to 79,17,373, pushing the national recovery rate to 92.56 per cent while the case fatality rate stands at 1.48 per cent.
The number of active cases of COVID-19 remained below 6 lakh for the 11th consecutive day. There are 5,09,673 active cases of the coronavirus infection in the country as on date which comprises 5.96 per cent of the total caseload, the data stated.
Automakers log dip in fleet sales in Sep qtr amid coronavirus pandemic
“There has been extreme aversion on the part of customers against shared mobility and public transport and they are obviously looking at personal transport. If we look at the figures in our portfolio, fleet sales which include shared mobility, in the second quarter there was a drop of 69 per cent,” Maruti Suzuki India Executive Director (Sales and Marketing) Shashank Srivastava said.
International
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Briefs
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Events
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Advertisement
Articles
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Features
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Data
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Interviews
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Facts
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
