Transport ministry wants lower GST on hybrid vehicles
This comes after the GST Council slashed the rate for electric vehicles to 5% last month in a bid to boost cleaner sources of mobility.
Govt forms committee to rationalise additional taxes on Aviation Turbine Fuel
As per government estimates, if a direct billing mechanism is i...
Digital payments firms detail zero MDR impact to FinMin
Industry yet to receive any assurance from govt regarding rollback on the decision to...
Maruti seeks tax relief for hybrid, CNG cars
Hybrid cars should be given duty cut. They're 30% more efficient & will help reduce oil imports, Bhargava said.
Sectoral policy intervention in works, no fiscal stimulus
There will be relief to the sectors in stress through policy interventions like for the auto sector, the industry's demand for a separate refinance window under the RBI is being discussed.
Government unlikely to offer GST concessions to auto firms
Several auto industry leaders have suggested that a tax cut could provide the necessary stimulus.
GST Council may weigh GST on petroleum goods at July 25 meet
The council is expected to take up the proposal on rate cut on electric vehicles from 12% to 5%.
FM Sitharaman holds GST Council meet at Ministry of Finance
Union Finance Minister Nirmala Sitharaman held GST Council meeting through video conferencing at Ministry of Finance in the national capital...
GST Council to decide on tax cut on EVs this week
To push domestic manufacturing of e-vehicles, the Centre proposed to the Council to slash GST rates to 5 per cent from 12 per cent.
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