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Govt will respond to automobile industry’s demand, says FM Sitharaman

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Govt will respond to automobile industry’s demand, says FM Sitharaman Car companies’ demand for a tax cut will be decided at the GST Council’s meeting in Goa on September 20, says the finance minister. Current Affairs :- The administration will react to the requests of the car business, said Finance serve Nirmala Sitharaman on Tuesday as the segment detailed the tenth straight month decrease in traveler vehicle deals. Organizations have requested a cut in Goods and Services Tax rates on autos, which have the most noteworthy assessment pace of 28%, yet Sitharaman said the GST Council will choose the issue at its gathering in Goa on September 20. “We are working with every one of the parts the nation over to comprehend the issue and taking measures moreover. This administration tune in to everybody and we are additionally taking measures. Two noteworthy declarations were made in August and September and two increasingly expected,” Sitaraman said in Chennai. “We are cogni...