Steel Strips Wheels Rises After June Sales Turnover Jumps 76%

Gold Silver Reports (GSR) Steel Strips Wheels Rises After June Sales Turnover Jumps 76% – Shares of the Chandigarh-based steel wheel rim maker rose as much as 2.32 percent to ₹ 1,240 after its sales turnover in June rose 74 percent to ₹ 197.60 crore versus ₹ 112.45 crore during the same month last year. 

The company sold 12.66 lakh wheel rims compared to 10.29 lakh wheels (YoY).

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Govt Likely to Go Slow on Key Anti-Evasion Measure Under GST

GST Collection

Gold Silver Reports (GSR) – The government is unlikely to insist on implementing the reverse charge mechanism, a key anti-evasion measure proposed under the goods and services-Tax (GST), on concerns that the rule will adversely impact small businesses while not yielding revenue gains.

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