When shopping for a used car, buyers often face the decision of whether to purchase a certified pre-owned (CPO) vehicle or a ...
As per the GST rules, the 18% GST slab is applicable to electric vehicles (EVs) as well as petrol cars with an engine ...
Many would-be car buyers say high prices of everything else mean a new ride would require extra hours of a side job.
However, there’s a hidden gem in the pre-owned market that flips this narrative on its head. It combines cutting-edge ...
To be sure, the revised tax rates will only apply to vehicles bought by businesses and on the value that represents the margin of a supplier (difference between the purchase price and selling price, ...
India’s latest tax hikes have sparked widespread discussions among businesses and consumers. First up, the country’s 32 billion dollar used car market is bracing for a shift. The GST council approved ...
The GST Councils decision to raise tax rates on used vehicles could alter consumer behaviour and marketplace dynamics in ...
Finance Minister Nirmala Sitharaman's attempt to explain the revised tax structure went wrong and she was trolled by netizens ...
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The GST rate hike comes at a time when the used car segment is booming. In FY23, India sold 51 lakh used cars, taking the ...