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Searched Tag: tax cuts on autos

While the government has been nudging companies and industry bodies to ensure that the prices are lowered in line with the reduction in rates, companies have started separately announcing price reductions

GST rejig: CBIC to monitor prices of 54 daily-use items

September 13, 2025, 01:18 PM - 2 min read

From September 22, CBIC officials will prepare comparative logs of prices of items of everyday use for the next six months to ensure GST rate cut benefits are being passed on to customers

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The Indian automotive sector has welcomed the GST Council’s decision to cut tax rates on various categories of automobiles, saying it is timely and will significantly benefit first-time buyers and middle-income families

Auto ind backs ‘growth-spurring’ GST rate-cuts

September 4, 2025, 01:58 PM - 4 min read

The GST Council’s decision to slash GST on various categories of automobiles has been hailed by the auto industry, saying the new rates will benefit first-time buyers and middle class families

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