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With GST rate rationalisation, the tax on cars, two-wheelers, three-wheelers, trucks and buses will reduce to 18% from 28%.
The highly anticipated Goods and Services Tax (GST) reforms proposal inched closer to turn into a reality after the Group of Minister (GoM) approved the Centre's proposal. The GoM on Thursday approved ...
After the PM's speech, the government later came out with details about the upcoming next-generation GST reform which is aimed at lowering tax rates for most daily use essential items, home appliances ...
Raamdeo Agrawal told NDTV Profit, "There is enough scope to improve relations with the US in its own merit and anyway China is our neighbour." ...
The recommendation comes after the Central Government, on August 15, put forward a major GST reform plan focusing on mainly three areas - structural changes, rate simplification, and ease of living.
In this post, we explore why it might be a great idea to book your new car right away and not wait until Diwali for the reduced tax implementation.
FM makes presentation on GenNext GST reforms to GoMs from States; GoM on insurance proposes exemption on health, life ...
Health insurance is meant to bridge that gap, but the reality is different. Premiums for senior citizens are already steep, and an additional 18% Goods and Services Tax (GST) only makes them heavier.
GST exemption could particularly entice younger, first-time buyers, especially those in the 25-40 age group, who are often ...
The simplified code would mean reduced taxes for Indians, likely boosting domestic consumption, analysts say, and partly absorbing the hit to exports from Trump tariffs.
GoMs discuss Centre's 'next-gen' GST reforms, including 5% and 18% rates, with special 40% rate on select items.
Lower prices during the festive season will likely encourage more people to buy vehicles. This move is expected to increase demand across the auto sector, including two-wheelers, small cars, and ...