The GST Council’s Fitment Committee has proposed raising the GST rate on old and used electric vehicles from 12% to 18%, aligning with the existing tax structure for larger vehicles and SUVs. This potential increase could make second-hand EVs less appealing to buyers and lead to higher overall taxation on second-hand vehicle sales, potentially impacting the resale market. The council is set to discuss this recommendation at their upcoming meeting in December in Jaisalmer, Rajasthan.
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India accepted Pak's call for de-escalation, but not immediately: CDS
Summary General Anil Chauhan disclosed that Pakistan's 'Operation Sindoor,' aimed at debilitating India within 48 hours on May 10th, failed within just eight hours. India's advanced capabilities in networked air defense, AI-driven analysis, and non-contact warfare, including cyber and electromagnetic domains, compelled Pakistan to pursue de-escalation talks after their multi-faceted attacks proved ineffective. Additionally, India effectively linked terrorism to water issues and revised military operational boundaries in response to the situation. Full Article
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