India expects the GST rationalisation announced by Prime Minister Narendra Modi to boost the world’s fourth largest economy and offset the fallout from higher US tariffs. GST collection in January ...
The Centre's proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. Furthermore, about 99% of goods currently in ...
Your browser does not support the audio element. The Indian government has reduced tax rates across all categories of cars and certain classes of motorcycles. The ...
GST Reforms: The GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday approved GST rate cut on a total of 396 items benefitting the common man. The GST Council meeting that began ...
Soon after Prime Minister Narendra Modi underscored the importance of the next generation of reforms under Goods and Services Tax, the Finance Ministry proposed a two-slab GST rate structure along ...
The agency report also mentions that 99% of the items which are currently falling under the 12% tax bracket are proposed to be shifted to the 5% tax slab in the revamped structure. According to the ...
The tax cuts on automobiles could come as a bonanza for both the manufacturers and consumers in a subdued market. (Canva) The tax on passenger cars, except hybrid and electric vehicles, as well as ...
The GST Council has approved a significant tax hike on sin and luxury goods, introducing a new 40% slab for items like tobacco, aerated drinks, and premium vehicles. This restructuring aims to ...
"This marks the first major step in implementing the next-generation GST reforms announced by Prime Minister Narendra Modi in his Independence Day address," said Siddhartha Khemka, Head of Research, ...
With GST 2.0, the Indian automotive industry seems to be breathing a sigh of relief. The GST council has reduced tax rates across categories making your dream car that much more affordable. One of the ...
Your browser does not support the audio element. The Indian government aims to slash the Goods and Services Tax (GST) on small cars from 28 percent to 18 percent ...
The government has come through on a longstanding demand of India’s automotive industry, that of a GST rate cut on cars to increase adoption of personal mobility in the country. After all, while India ...
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