empty
 
 

02.09.202502:17:47UTC+00India's GST Cut Plans Include Hybrid Cars and Electronics

The Indian government is reportedly considering a significant reduction in the Goods and Services Tax (GST) on around 175 products, ranging from personal care items to hybrid cars and consumer electronics, as per sources quoted by Reuters. This proposal suggests that GST for items like talcum powder, toothpaste, and shampoo could decrease from 18% to 5%. Additionally, consumer electronics, such as televisions, might see a reduction from 28% to 18%, and small petrol hybrid cars could experience a similar tax cut from 28% to 18%. The GST Council, led by Union Finance Minister Nirmala Sitharaman, will make the final decision on the product list and rate changes during its meeting scheduled for September 3-4.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback