Car prices in India, especially for small cars, could drop by up to 8% if the government reduces the GST rate from 28% to 18%, according to an HSBC report. Currently, passenger vehicles face a GST of 28% plus an additional cess, bringing the effective rate to 29–50% depending on size.
from Auto-Industry-Economic Times https://ift.tt/AnzwyOH
Subscribe to:
Post Comments (Atom)
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment