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All news stories and reports tagged with #Taxation.
In Raipur, at the Shubham “K Mart,” shoppers were pleasantly surprised when the Chief Minister of the state visited to personally experience the benefits of GST savings. The Chief Minister, Vishnu...
The President of the Pradesh Congress Communication Department, Sushil Anand Shukla, stated that the Modi government has modified two GST slabs after devastating the country's trade and industry and...
Purchasing a car in Pakistan is a significant financial undertaking, a stark contrast to the affordability seen in India. While cars are within reach for many middle-class families in India, the same...
The implementation of the new GST 2.0 policy has led to reduced tax rates for automobiles in India. Automakers are passing these benefits on to consumers, resulting in price cuts across various...
The government has provided significant relief to those purchasing new cars and bikes. Due to the new GST rates implemented on the first day of Navratri 2025 (September 22nd), cars and bikes have...
Prior to the implementation of the new GST rates, auto companies announced price cuts for new vehicles. While new cars are set to become cheaper from September 22nd, Spinny, a platform for selling...
The cruiser motorcycle segment in India is highly popular, with companies like Jawa, Yezdi, and Royal Enfield dominating. Royal Enfield motorcycles are known for their strong sales. Initially, the...
The 65th annual conference of the Society of Indian Automobile Manufacturers (SIAM) brought together leaders from the Indian automotive industry. This year's event was particularly significant due to...
Union Minister of Commerce and Industry Piyush Goyal stated on Wednesday that he would raise the issue of the compensation cess in the automobile sector with the Finance Ministry following the...
When discussing vehicles like bikes, scooters, or cars, the engine capacity, often expressed in cubic centimeters (CC), is a primary point of reference. From advertisements to showrooms, terms like...
Recent government-led Goods and Services Tax (GST) reforms have prompted significant changes in automobile taxation, leading to price reductions across various vehicle models. The revised GST rates...
Car and motorcycle showrooms are now required to display posters outlining the new GST 2.0 prices. These posters must feature both the old and new prices. Furthermore, a photo of Prime Minister...
Recent changes in Goods and Services Tax (GST) regulations are significantly affecting the automotive market, leaving potential car buyers, particularly those interested in SUVs from brands like...
The Indian government has responded to the automotive industry's request for a Goods and Services Tax (GST) reduction on cars, aiming to stimulate personal mobility. Despite being the world's...
Changes to the Goods and Services Tax (GST) framework have led to price reductions for numerous items in the country. The new rates, effective September 22nd, will result in lower prices for several...
The government has announced new GST slabs, with a 40% tax on petrol cars above 1200cc and diesel cars above 1500cc. The length of the cars should not exceed 4 meters. Consequently, cars like Kia,...
The recent changes announced by the government have now come into effect, impacting the automobile sector significantly. The 56th GST Council meeting abolished the 12% and 28% tax slabs, leaving only...
The government has eliminated the 12% and 28% tax slabs in the 56th GST Council meeting. Now, there are primarily only 5% and 18% slabs, which include most goods. These new rates will be implemented...
The demand for electric vehicles (EVs) in the Indian market is rapidly increasing. However, purchasing luxury electric cars in India could soon become more expensive. A tax panel has suggested...
The Indian electric vehicle market is experiencing rapid growth, but a proposal has caused worry within the auto industry. A group of ministers, formed to review GST rates, has suggested increasing...
Siddhartha Lal, Managing Director of Royal Enfield, has called on the government to implement a uniform 18% Goods and Services Tax (GST) rate for all two-wheelers. He emphasized its importance for...
If you're planning to buy a new car this Diwali, this news could be relevant. The government is preparing to make major changes to the Goods and Services Tax (GST) structure. On August 15th, on the...
Proposed GST cuts on small cars by the Indian government could adversely affect electric vehicles. This tax reduction could slow down the pace of the EV industry in the country. A report by HSBC...
A significant step towards simplifying Goods and Services Tax (GST) in India has been taken. A group of state finance ministers (GoM) has suggested a restructuring of GST rates across the country....
Proposed GST reforms are expected to bring relief to those looking to purchase small cars. The government is considering differentiating tax rates for small and large cars. According to sources,...
Petrol prices in the country have increased in recent years. It is often said that driving a car is no less than flying an airplane. However, this is not entirely true because flying an airplane...
Prime Minister Narendra Modi is scheduled to address the nation on Sunday at 5 p.m. The agenda of the address remains undisclosed. This announcement comes on the eve of a GST rate cut, effective...
The Bharatiya Janata Party (BJP) has announced a ‘GST Savings Festival’ to be held across India from September 22nd to September 29th. Instructions have been given to each Member of Parliament (MP)...
The Biju Janata Dal (BJD) has criticized the central government for not granting complete exemption from Goods and Services Tax (GST) on kendu leaves and handloom products. This comes after the...
In light of the recent changes to the Goods and Services Tax (GST) implemented by the Indian government, Rahul Gandhi and the Congress party are sharing older social media posts. The Congress party...
Andhra Pradesh Chief Minister Chandrababu Naidu has expressed his support for the recently implemented GST reforms, congratulating Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman...
The Swadeshi Jagran Manch (SJM), the economic wing of the Rashtriya Swayamsevak Sangh (RSS), has urged Finance Minister Nirmala Sitharaman to reconsider the Goods and Services Tax (GST) on plastic...
June's Goods and Services Tax (GST) collection in India exceeded ₹1.85 lakh crore, marking a 6.2% increase compared to the same period last year. This data from official sources highlights a robust...
The new Goods and Services Tax (GST) rates are set to affect the world of cricket, specifically impacting the Indian Premier League (IPL). Fans will experience an increase in ticket prices when...
The day of September 22nd is significant for consumers as the new GST rates came into effect across the country. This implementation provides substantial relief to the public. The government reduced...
The Trump administration has introduced a new immigration program offering permanent US residency to affluent individuals through the 'Gold Card' initiative. Commerce Secretary Howard Lutnick...
The Bharatiya Janata Party (BJP) has accused the Jharkhand government of imposing a 'Jaziya tax' on Shiva devotees visiting the Dalma hills during the month of Sawan. BJP spokesperson Pratul Shahdev...