Wednesday, July 16, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World India

GST Council may increase tax on old and used vehicles, including EVs, to 18%

15 December 2024
in India
0 0
GST Council may increase tax on old and used vehicles, including EVs, to 18%
Share on FacebookShare on Twitter



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.

Full Article

Tags: councilEVsGSTincludingincreaseTaxVehicles
Previous Post

Week 15 Booms & Busts: Lamar Jackson, Josh Allen, Davante Adams and Mike Evans deliver huge fantasy playoff performances

Next Post

Twice’s Tzuyu confirms she has a master’s degree in applied psychology

Related Posts

SC questions Haryana SIT over FIRs against Ashoka Univ professor; relaxes bail conditions
India

SC questions Haryana SIT over FIRs against Ashoka Univ professor; relaxes bail conditions

by My News Wave
16 July 2025
0

About the AuthorTOI News DeskThe TOI News Desk is a dedicated team of journalists working tirelessly to provide the latest news and updates for The Times of India. Committed to excellence, they ensure readers stay informed on a wide range of topics through reliable reporting and in-depth analysis. Explain It To Me Like I'm 5: About the Author The TOI News Desk is a group of hardworking people who share the latest news and interesting...

Read more
How a 3 am email helped Android head Sameer Samat land a job at Google
India

How a 3 am email helped Android head Sameer Samat land a job at Google

by My News Wave
15 July 2025
0

Google's head of Android, Sameer Samat, attributes a 3 AM cold email to cofounder Sergey Brin in 1999 as a pivotal moment in his career, leading to a job offer and mentorship. Though he initially declined the offer to stay loyal to his startup, Brin assisted him with financing; Samat later joined Google in 2008, returning after a brief hiatus at the request of CEO Sundar Pichai. Explain It To Me Like I'm 5: Sameer...

Read more
Difference between Fatty Liver Grade 1 and Grade 2: Four point formula to reverse both
India

Difference between Fatty Liver Grade 1 and Grade 2: Four point formula to reverse both

by My News Wave
15 July 2025
0

Hepatic steatosis, or fatty liver disease, is characterized by the accumulation of over 5-10% fat in liver tissue and can result from excessive alcohol intake (alcoholic fatty liver disease) or weight-related issues like diabetes and poor diet (non-alcoholic fatty liver disease). Effective management involves addressing the underlying causes through lifestyle changes and medical intervention. Explain It To Me Like I'm 5: Hepatic steatosis, or fatty liver disease, happens when too much fat builds up in...

Read more
Government to crack down on unapproved biostimulants' sale
India

Government to crack down on unapproved biostimulants' sale

by My News Wave
15 July 2025
0

File photo: Union agriculture minister Shivraj Singh Chouhan (PTI) NEW DELHI: Union Agriculture Minister Shivraj Singh Chouhan has mandated that only scientifically approved biostimulants can be sold to farmers, questioning the current efficacy and regulatory oversight of these products. He emphasized strict action against unauthorized manufacturers and the need for a standard operating procedure following complaints from farmers during his recent campaign. Explain It To Me Like I'm 5: Union agriculture minister Shivraj Singh Chouhan...

Read more
CS2 Premier Season 3: Everything you need to know
India

CS2 Premier Season 3: Everything you need to know

by My News Wave
15 July 2025
0

Image via Valve CS2 Premier Season 3 is set to launch following the conclusion of Season 2, with developers announcing new features like updated map pools, anti-cheat enhancements, and a reset of competitive ratings. Players who completed 25 matches in Season 2 will receive a model reward, while potential changes to the Active Duty Map Pool and the introduction of VACnet 3.0 aim to improve the competitive experience. Explain It To Me Like I'm 5:...

Read more
‘Really nervous’: Michael Strahan set for star‑studded Shark Tank debut
India

‘Really nervous’: Michael Strahan set for star‑studded Shark Tank debut

by My News Wave
15 July 2025
0

Michael Strahan, NFL legend and host of ABC's Good Morning America, is set to make his debut on Shark Tank, where he recently filmed guest episodes. Despite feeling nervous initially, he enjoyed the experience and highlighted his entrepreneurial ventures, including his production company, SMAC Entertainment; the new season will feature other guest judges alongside the returning sharks. Explain It To Me Like I'm 5: Michael Strahan, the NFL star and Good Morning America host, is...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Israel strips Hebron municipality of authority over Ibrahimi Mosque – Middle East Monitor
  • Chelsea prepared to go beyond €50 million for 22-year-old Barcelona’ star – report
  • Ryanair flight to Greece has TikTok divided as plane passengers fume over ‘disrespectful’ in-flight PDA act
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In