"This year I think direct taxes have also shown such buoyancy. You're able to see that more income is also being generated through direct taxation. So, it's not that we rely on GST, which is indirect tax, and think that our coffers are getting filled. Not at all," Finance Minister Nirmala Sitharaman said after the presentation of Budget 2023, adding that direct taxation has shown such buoyancy that no one can say that this government is only earning from GST, indirect tax.
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A reduction in GST rates will result in more than 150 categories of products getting cheaper from September 22, the company's Managing Director Manish Bandlish told NDTV.
JLR has announced a price cut of up to Rs 30.4 lakh on the Range Rover and other models under GST 2.0.
The company said it is passing "100 per cent of the tax benefit to our patrons" as new GST reform comes into effect from September 22.
Royal Enfield has announced the new prices of its 450cc and 650cc lineup under the new GST structure.
The 350 cc range of Royal Enfield motorcycles includes some of the best-sellers of the brand, including Hunter, Classic, Bullet, Meteor, and others.
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Saturday September 06, 2025By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
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GST Reforms 2025: What A Tax Cut On Vehicles Means For India's Auto Industry
Tuesday August 19, 2025The Indian automotive industry could soon witness a GST cut on cars, and here's what the cut holds for the buyers and manufacturers.
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