Automakers to Reduce Vehicle Prices Post GST Deduction
Following the recent GST cuts proposed by the Indian government, several leading automobile manufacturers have proposed a price drop for their vehicles to encourage potential customers to benefit from the deduction. GST rate cuts will come into effect on September 22, and are expected to increase vehicle sales during the festivals and the rest of…
Vipin
India’s New EV Policy: Reduces Import Duties For Foreign Automakers
Importing electric vehicles into India was previously subject to up to 110 per cent tax; now, that’s lowered to just 15 per cent. This initiative encourages big companies worldwide to invest in electric car production in India, helping its economy and supporting cleaner transport. The New EV Policy SPMEPCI (Scheme to Promote Manufacturing of Electric…
abhinav singh