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The Centre’s proposal seeks to simplify the tax structure by addressing long-standing classification issues in the automobile ...
The Government of India is planning a significant relief for prospective car and two-wheeler buyers in the country. The GOI ...
Small cars are likely to be placed in the 18% tax slab, substantially reducing the tax burden on them, people familiar with ...
11hon MSN
GST rate cuts to be fiscally sustainable, say FinMin officials; Compensation cess to end by Nov
The revised GST framework will collapse the current four-tier structure into a dual rate of 5 percent and 18 percent by ...
31mon MSN
Small cars to get cheaper: GST overhaul may drop tax rate for vehicles from 29% to just 18%
At present, small passenger vehicles of up to 4 metres in length and engine capacity up to 1,200 cc (petrol, CNG, LPG) ...
A proposed GST overhaul will establish a two-rate system, reducing bizarre tax classification disputes for food items and ...
18m
HT Auto on MSNThe Indian government aims to simply the GST structure into a two-tier tax system.
Presently, automobiles in India are taxed at 28 per cent, which is the highest GST slab. Additionally, a compensation cess, ...
Chery Tiggo pulled a 3-0 rally, but Dy said enough after blocking Cess Robles’ attack, 15-8. Reyes led the scoring for PLDT ...
The government is set to transform India's GST landscape with new proposals that could eliminate multiple tax slabs and ...
As of 2023-24, the Central Government has failed to transfer ₹3.69 lakh crore worth of cess collections to the relevant funds ...
The CAG report tabled in Parliament highlights the increasing reliance on cess and surcharges, contributing significantly to ...
New consumer-centric GST regime with reduced rates and simplified processes to benefit poor, MSMEs, middle class, and farmers ...
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