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2 mins read
GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states
Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…
ANI
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
3 mins read
Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry
The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …
2 mins read
Market closing: Sun Pharma, Hero Moto lose as fertiliser stocks shine
Nifty and Sensex closed on a positive note. Sun Pharma and HDFC Life were amongst the day's losers.…
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
4 mins read
FPIs pump ₹9,677 crore into financial services and auto stocks in April
Foreign portfolio investors (FPI) have started FY24 on a positive note, with strong inflows observe…
2 mins read
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
1 min read
Parliamentary panel suggests lower GST rate for auto sector
The committee noted that some of the factors that contributed to slowdown are non-availability of …
PTI
3 mins read
Mobile phones to become expensive from April 1
Demand for more skilled manpower, better hardware to enhance capacity has been agreed to by the…
PTI
2 mins read
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
2 mins read
NITI Aayog member thinks that India should have only two GST slabs
Government think-tank Niti Aayog member Ramesh Chand on Wednesday made a case for only two slabs un…
PTI
5 mins read
India’s auto stocks cheer after Parliamentary Panel agrees that they need more stimulus and the dealers need loans with less collateral
Indian benchmark indices remained in the grip of bulls, recording fresh highs during the trade toda…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
4 mins read
India is betting on casinos, online games and horse races to fill its coffers
$DELTACORP.NSE Technical : Fibonacci Analysis.Analysis : After good amount of downfall, Stock is on…
1 min read
COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector
Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…
PTI
4 mins read
Budget 2020: Auto industry expectations range from GST cuts to another EV boost
On the top of the many requests of the sector is a GST cut. The transition to BSVI vehicle…
1 min read
Luxury car market’s dream of double growth may hit a roadblock. Here’s why
The luxury car market, which was upbeat about lower GST rate on large vehicles, may see a steep…
3 mins read
RBI announces incentive for lending to MSME, home, auto sectors
"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…
PTI
2 mins read
India’s Finance Minister moots the possibility of a single tax rate on standard items amid continued criticism of the government’s GST regime
Jaitley explained that prior to the reform’s implementation, the value-added-tax regime levi…
1 min read
Gulf Oil expects reforms to boost auto sector in Budget
Mumbai, Jan 28 () Lubes maker Gulf Oil expects the government to announce vehicle scrappage policy …