Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
The GoM, headed by Bihar Deputy Chief Minister Samrat Choudhary, is slated to meet in person at Vigyan Bhawan on August 20 and 21, with proceedings beginning at noon, as per the report.
A six-member state panel is expected to deliberate on the Union government's plan to move to a simplified two-slab GST structure.
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BMW Group has reduced the prices by up to Rs 13.9 lakh, which will be combined with festive offers.
The price reductions by Ceat will apply to tyres for commercial vehicles, agricultural machinery, passenger cars, and two-wheelers.
The Yamaha MT-03 and R3 have a 321 cc engine falling under the 350 cc category.
PM Modi's Economic Adviser Sanjeev Sanyal said that despite ongoing trade imbalances, India's economy will continue to rely on Chinese inputs.
Union Minister Piyush Goyal highlighted that the exports directly impacted by the tariffs accounted for only 1% of India's GDP.
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