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The proposed GST overhaul could lower the taxes on small cars to 18%, boosting affordability ahead of the festive season. But what about the bigger cars?
PM Modi added that India is in a position to help lift the world out of slow growth, highlighting that we are the “fastest-growing” economy in the world.
The appeal comes after the Group of Ministers (GoM) approved the Centre’s recommendation for a simplified two-slab GST ...
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HT Auto on MSNGST cut on ICE vehicles may slow EV growth momentum: Reports
GST on small cars could fall from the current 28 per cent to 18 per cent. Larger cars, meanwhile, may move to a new 40 per ...
GST Council accepts Union government's proposal to simplify GST structure, reduce tax rates, and rationalize slabs for ...
Even when the move is welcomed as a step towards tax simplification, the GST framework lacks strengths in many other policy ...
The Goods and Services Tax (GST) Council will convene its 56th meeting on 3–4 September in New Delhi, the Council said in a memorandum issued late Friday (22 August) , The Hindu reported.
The 56th meeting of the GST Council, slated for September 3-4, will decide on the GoM’s proposal to retain two slabs ...
The 56th meeting of the GST Council, slated for September 3-4, will decide on the Group of Minister’s (GoM) proposal to ...
GST reduction is a welcome thing, but in the interim, it will cause some pain, according to B Thiagarajan, Managing Director, Blue Star.
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major ...
Currently, India follows a four-slab GST system — 5 per cent, 12 per cent, 18 per cent and 28 per cent — along with an additional cess on sin and luxury goods.
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