Global uncertainty 'opportunity for faster reform': Piyush Goyal urges industry to leverage FTAs, emerging techIndia can use global challenges to speed up reforms and build stronger supply chains. Union Minister Piyush Goyal stated that India aims to...
19 May, 2026, 02.41 PM IST
Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...
15 Apr, 2026, 01.04 AM IST
RBI rate cut to enhance affordability, aid further growth of auto industry: SIAMThe RBI's 25 basis point interest rate cut, alongside GST reforms and budget tax relief, is expected to boost the Indian auto industry. Ind...
05 Dec, 2025, 02.55 PM IST
Next generation GST reforms led to growth in sales across sectors: FM Nirmala SitharamanNew GST reforms introduced on September 22 have spurred sales growth across India. Sectors like automobiles, consumer durables, and e-comme...
11 Nov, 2025, 11.02 PM IST
Automotive dealers approach Supreme Court over Rs Rs 2,500 cr compensation cessThe Federation of Automobile Dealers Association has approached the Supreme Court seeking relief for Rs 2,500 crore in compensation cess th...
17 Oct, 2025, 08.40 PM IST
GST reforms will continue, PM Modi saysPrime Minister Narendra Modi emphasized the advantages of lowered GST rates and affirmed the ongoing nature of GST reforms to bolster India...
25 Sep, 2025, 12.29 PM IST
Audi India cuts car prices by up to ₹7.8 lakh following GST 2.0 reforms; check changes for each model hereThe revised tax structure eliminates the 20–22% compensation cess previously levied on luxury vehicles, effectively reducing the overall ta...
10 Sep, 2025, 04.36 PM IST
Hyundai, Tata Motors shares in focus on announcing price cuts following GST reformHyundai Motor India and Tata Motors are set to slash vehicle prices following recent GST rate cuts. Hyundai's price reductions reach up to ...
08 Sep, 2025, 08.19 AM IST
GST Council meet begins to deliver on PM Modi's Diwali gift promise: What's coming for auto, insurance, personal care and electronic sectors?Chaired by Finance Minister Nirmala Sitharaman, the GST Council is convening for two days to discuss a significant overhaul of the Goods an...
03 Sep, 2025, 05.13 PM IST
Proposed GST rate tweaks on automobiles to end classification disputesThe Centre is planning sweeping GST reforms that could lower taxes on automobiles, now taxed up to 50% including cess. Under the proposal, ...
21 Aug, 2025, 05.56 PM IST
Net direct tax collection rises 16% to Rs 4.75 lakh cr so far this fiscalThe government has projected a growth of 9.6% for direct taxes in FY24. The direct tax collection so far are in line with other data that p...
11 Jul, 2023, 12.01 AM IST
Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman"The burden of regulatory changes on the small cars is far higher than the regulatory burden on big cars and that is changing the whole mar...
20 Dec, 2022, 07.22 PM IST
Budget 2021 should focus on three 'R's: Relief, recovery and reformsLeading indicators like electricity consumption, freight, PMI and crucial data like GST collections and automobile sales point to a V-shape...
22 Jan, 2021, 06.23 PM IST
India should overhaul tax system, lower I-T rate for individuals to 15-20%: PayMate CFOPayMate's CFO Ravi Vishvanathan further said dedicated corridors can be created for manufacture of specific products like shoes, sports equ...
14 Apr, 2020, 07.00 PM IST
Modi has a message for 'growth ambassadors', 'tax black sheep': 10 key highlights from PM's interviewPM reassured all honest and law-abiding businesses that govt will make all possible effort to end the tax terrorism.
12 Aug, 2019, 04.49 PM IST
GST an opportunity to rationalise tax structure in auto sectorGST is one of the most significant tax reforms in India since independence and will further enhance the ease of doing business.
04 Aug, 2016, 04.22 PM IST
- 'India can hope for double digit growth with GST implementation'
India could hope to touch double digit GDP growth with the proposed implementation of the proposed Goods and Services Tax (GST) in a few ye...
14 Aug, 2010, 07.08 PM IST