Auto Industry

Business leaders, automotive bodies, researchers and analysts have all hailed the steps taken at the 56th meeting of the GST council on Sept 03 towards GST reforms.

Following the announcement made by Prime Minister Narendra Modi from the ramparts of Red Fort on August 15, 2025 on next-generation GST reforms,

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

The government has announced the reduction of Goods and Services Tax (GST) rate on all electric vehicles from 12% to 5%. The GST rate on charger or charging stations for Electric vehicles is also reduced from 18% to...

The government has announced a graded duty revision on cars, as part of the GST (Goods & Service Tax) council’s rate revision. As part of this graded increase, an additional cess of 2% has been levied on mid-size c...

The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

After the Union Cabinet approved the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country on Dece...