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India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping ...
The Finance Ministry has sent its proposal to the GST Council for two GST rates of 5 per cent and 18 per cent across all ...
The proposed new GST regime will likely have meaningful impacts on growth, fiscal balance and CPI inflation, with ...
In a mega boost to the auto sector, the Union government is believed to have recommended lowering GST on small cars and two-wheelers to 18% from the current slab of 28%, sources said. Also, in what ...
Indian stock market surged by 1.5% after government proposed GST reforms to ease tax burdens. Analysts predict benefits for ...
The Indian government aims to slash GST on entry-level cars from 28 percent to 18 percent, Reuters reported. A maximum 5 ...
The Goods and Services Tax (GST) reform announced by PM Narendra Modi would cost the government over Rs 1 lakh crore annually ...
Global investment advisory firms welcome proposed GST reform, expecting a streamlined two-rate structure to boost consumption ...
Moreover, electric vehicles (EVs) may lose their tax arbitrage, say analysts. Kumar Rakesh at BNP Paribas Securities India ...
Markets rally on GST reform optimism, Sensex up 676.09 points, Nifty climbs 245.65 points, auto and FMCG stocks lead.
The 18% tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST ...
Businesses and political pundits nonetheless praised tax cuts, saying they will bolster his image in his trade fight with ...