Prøve GULL - Gratis
Auto industry seeks execution of new GST rates faster
The New Indian Express Vellore
|August 26, 2025
HIT by a sudden decline in sales and enquiries, the automobile industry has urged the government to hasten the implementation of new GST rates, seeking their rollout before the start of the festive season in the second half of September.
After Prime Minister Narendra Modi announced next-generation GST reforms and GST rate cuts in his Independence Day speech, buyers have started delaying their purchase in anticipation that prices of smaller cars and two-wheelers may decline up to 8-10%.
A CEO of a leading car company said they are hopeful of a quick resolution given the GST council is likely to meet soon. "Sales have fallen in double-digit figures since the GST rate cut news started circulating. It is important that this matter is taken seriously," he added.
Denne historien er fra August 26, 2025-utgaven av The New Indian Express Vellore.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Vellore
The New Indian Express Vellore
Strategic Autonomy Guides Ties, PM Tells Xi, Seeks Mutual Trust Amid Global Turmoil
AIMING for long-term stability in India-China relations amid disrupted global trade and shifting geopolitical alignments triggered by US tariffs, Prime Minister Narendra Modi on Sunday noted with President Xi Jinping that the two countries must pursue strategic autonomy and their ties should not be viewed through the lens of a third country.
2 mins
September 01, 2025
The New Indian Express Vellore
AI GOES TO SCHOOL
CODING AND ARTIFICIAL INTELLIGENCE IN INDIAN CLASSROOMS
3 mins
September 01, 2025
The New Indian Express Vellore
Vijay Puts Forth 11 Demands to Centre, State to Save Exporters
TVK president Vijay on Sunday urged the union and state governments to act on a 'war footing' and take emergency measures to safeguard the interests of exporters who face hardships due to the United States' imposition of a 50% tariff on Indian goods.
1 min
September 01, 2025
The New Indian Express Vellore
Bomb threat to Tiruppur collector's office sent via Russian server: Cops
AFTER a bomb threat was sent to the Tiruppur district collector's officer with the subject 'This is for Ajmal Kasab', an investigation revealed that the threat email was sent from a Russian server.
1 mins
September 01, 2025
The New Indian Express Vellore
EC Seeks Proof on Congress' 89L Objections
The Congress on Sunday alleged that the Election Commission dismissed around 89 lakh complaints of irregularities flagged by its booth-level agents (BLAs) during the Special Intensive Revision (SIR) of electoral rolls in Bihar.
1 min
September 01, 2025
The New Indian Express Vellore
Online tool to manage blood pressure unveiled
HIGH blood pressure is one of the world's biggest health challenges, affecting as many as 1.3 billion and leading to around 10 million deaths per year.
2 mins
September 01, 2025
The New Indian Express Vellore
Russia and China push back on western sanctions, call for new global order
RUSSIA and China have taken a common stand against \"discriminatory sanctions\" that hinder the socioeconomic development of BRICS member countries, Russian President Vladimir Putin has said.
1 min
September 01, 2025
The New Indian Express Vellore
Assam leader killed for joining Manipur meet
SUSPECTED militants have killed a Thadou community leader from Assam who had taken part in a peace meeting in Manipur capital Imphal on August 6.
1 mins
September 01, 2025
The New Indian Express Vellore
Cross-border terror: Modi, Xi on same page
Bilateral meet ahead of SCO Summit sets tone for a forward-looking agenda for India-China relations & trade ties
1 mins
September 01, 2025
The New Indian Express Vellore
Loans against gold jump 122% in one year
This shows rising indebtedness of households as these loans are for consumption and are of small ticket size
2 mins
September 01, 2025
Listen
Translate
Change font size