The government is reportedly planning to reduce the Goods and Services Tax (GST) on passenger vehicles and two-wheelers, ...

At present, small passenger vehicles of up to 4 metres in length and engine capacity up to 1,200 cc (petrol, CNG, LPG) ...

The revised GST framework will collapse the current four-tier structure into a dual rate of 5 percent and 18 percent by ...

The Centre’s proposal seeks to simplify the tax structure by addressing long-standing classification issues in the automobile ...

As of 2023-24, the Central Government has failed to transfer ₹3.69 lakh crore worth of cess collections to the relevant funds ...

Government may cut GST on passenger vehicles (PVs) and two-wheelers, potentially lowering ex-showroom prices and boosting ...

Following the proposed GST 2.0 reforms, the government is considering additional duties on tobacco products to maintain current taxation levels. Several states are requesting a significant share in ...

Shares of Maruti Suzuki India Ltd and Mahindra & Mahindra Ltd (M&M) hit a record high in intraday trade on Monday after the ...

As the Centre pushes ahead with plans to simplify the GST rate structure, sin and demerit goods — including cigarettes, ...

The Government of India is planning a significant relief for prospective car and two-wheeler buyers in the country. The GOI ...

The CAG report tabled in Parliament highlights the increasing reliance on cess and surcharges, contributing significantly to ...

India must modernize its armed forces with a dedicated "Raksha cess" on luxury goods to ensure national security.