Rajkumar Singla News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Numbers: Over 1,500 suspicious Gst Numbers Cancelled In District | Ludhiana News

Ludhiana: In a major development in GST authorities’ drive against fake registrations, more than 1,500 GST numbers in Ludhiana, held to be suspicious .

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Traffic Jams: Bharat Nagar Chowk s Traffic Trouble To Stay | Ludhiana News

Traffic jams near Bharat Nagar Chowk are likely to continue for another month, courtesy another missed deadline by the National Highways Authority of

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Gill Flyover: Commuters Irked With Jams On Gill Flyover Want Govt To Intervene | Ludhiana News

Gill Flyover: Commuters Irked With Jams On Gill Flyover Want Govt To Intervene | Ludhiana News
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Steel raw material rates down, but industry wants more | Ludhiana News

Ludhiana: Nearly 10 days after Union finance minister Nirmala Seetharman announced import duty cut up to 5% on certain steel products, a positive impact is being seen on the rates of domestic steel raw materials, which have come down between Rs 4,000 to 8,000 per tonne. The slashing of import duty was welcomed by Punjab’s engineering goods manufacturing sector especially the micro, small and medium enterprises (MSME), manufacturing bicycles and its parts, sewing machines, auto parts, etc that had been suffering due to a steep hike in the steel raw material rates. However, despite the fall in rates, the MSMEs are still not happy, as they feel that rates need further correction, since they are still very high compared to their cost 6-12 months earlier.

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