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Kaun Banega Crorepati 11 Episode 2: Amitabh Bachchan Is Impressed With This Contestant

Entertainment | Aakanksha Raghuvanshi | Tuesday August 20, 2019

Amitabh Bachchan kick-started the game with Chitrarekha, who hails from Chhattisgarh

"Have One Question...": Congress On PM's Remarks On Economy In Speech

India News | Edited By Debanish Achom | Thursday August 15, 2019

The Congress today launched a point-by-point broadside against Prime Minister Narendra Modi for his speech on Independence Day that praised the centre's economic policies. The Congress claimed it has debunked PM Modi's comments that the centre would invest Rs 100 lakh crore for infrastructure development and the national tax GST has made "one natio...

Removal Of Corporate Social Spending Can Help Revive Growth: Bibek Debroy

Business | Edited by Sandeep Singh | Monday August 12, 2019

Bibek Debroy said that steps such as a three-rate Goods and Services Tax (GST) structure and removal of corporate social responsibility spending could be among the options to revive the economy.

SIAM Demands Immediate Reduction In GST Rates From Government

Shubham Parashar | Saturday August 10, 2019

SIAM and several automakers have been asking for a reduction in GST rates for quite sometime in a bid to avoid any further job losses.

Auto Slowdown Hits Lakhs Of Jobs, Industry Pins Hope On Diwali Season

Business | Reported by J Sam Daniel Stalin | Saturday August 10, 2019

With Rs 35,000 worth of unsold cars countrywide there's an abnormal hike in dealers shutting down.

Mahindra To Launch Three Electric Vehicles By 2021

Shubham Parashar | Thursday August 8, 2019

The FAME II (Faster Adoption and Manufacturing of Electric Vehicles) scheme came as reassurance for electric carmakers and reaffirmed that EVs are at the top of the government's agenda. Furthermore, Niti Aayog's proposal to impose a ban on combustion engine powered commuter motorcycles (below 150cc) and then the budget council moderating GST rates ...

Anand Mahindra Says GST Cuts and Road Tax Revision Will Help Revive Auto Industry

Seshan Vijayraghvan | Wednesday August 7, 2019

Speaking at Mahindra Group's 73rd annual general meeting, Anand Mahindra suggested certain temporary measures that would have a positive impact on the industry. Short term measure like - reduction or removal of the goods and service tax (GST), revising the registration fee, and reduction of road tax, as short term measure to help revive the auto in...

Okinawa Cuts Prices Across Electric Scooter Range Post GST Revision

Sameer Contractor | Wednesday August 7, 2019

Gurgaon-based Okinawa Autotech has announced a price cut across its electric scooter range post GST rate revision for electric vehicles. The Okinawa range powered by the Lead Acid battery is affordable by Rs. 2,500-4,700, while the models using a Lithium-ion battery get a price cut between Rs. 3,400-8,600. Under the new rates, EVs are charged five ...

Auto Industry May Further Cut Production: Report

IANS | Sunday August 4, 2019

After denting the auto sector's profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the ...

Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates

Sameer Contractor | Friday August 2, 2019

The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per ...

Hyundai Kona Electric's Price Reduced; Now Priced At Rs. 23.71 Lakh

CarAndBike Team | Friday August 2, 2019

Hyundai has reduced the price of the Kona from Rs. 25.3 lakh to Rs. 23.71 lakh on account of the government reducing the GST rates on electric vehicles. Hyundai has received about 152 bookings in 20 days for the Kona.

GST Collections At Rs. 1.02 Lakh Crore In July

Business | NDTV Profit Team | Thursday August 1, 2019

GST receipts in June had fallen below Rs 1 lakh crore for the first time in the current financial year to Rs. 99,939 crore.

Ather Announces Price Cut Of Up To Rs. 9000 On Electric Scooters Post New GST Rates

Sameer Contractor | Thursday August 1, 2019

The Ather 340 and the 450 get a price reduction by up to Rs. 9000 on the on-road prices. The price drop comes with the change in the GST rates for EVs that now stands at five per cent instead of 12 per cent, applicable from August 1, 2019.

Kerala Imposes Flood Cess In Addition To GST, A First In India

India News | Written by Sneha Mary Koshy | Wednesday July 31, 2019

A year after the worst floods in almost a Century, Kerala has become the first state to impose an additional cess. Starting August 1, Kerala will be implementing 1 per cent Flood Cess, apart from the Goods and Services Tax (GST), with the aim to generate funds for rebuilding the state.

Tax, Interest Rates On These Products Set To Change From August 1

Business | NDTV Profit Team | Tuesday July 30, 2019

State Bank of India or SBI has decided to do away with IMPS (Immediate Payment Service) charges for its internet banking, mobile banking and YONO (You Only Need One) customers.