Only 50 of 227 items will remain in the highest GST tax slab of 28 per cent, with the 177 others moved to lower slabs, Bihar Finance Minister Sushil Modi said today in Assam's Guwahati, where Union Finance Minister Arun Jaitley is meeting his counterparts from states in the powerful GST council. The decision comes amid complaints by traders and small businesses which say the new nationwide tax, which came into effect from July, has increased their tax and administrative burden.
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Triumph may increase prices of the Speed T4, Scrambler 400, Thruxton 400 and other 350cc motorcycles in India from June 1, 2026.
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
Top BJP sources told NDTV that the campaign will run till July 9 and will revolve around what the party calls the "12 Years, 12 Big Achievements" of the Modi government.
Under a 28 per cent GST framework, petrol prices could go down by nearly Rs 25 a litre; Diesel prices could reduce by around Rs 14 per litre.
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