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Honda Motorcycle and Scooter India (HMSI) on Thursday (September 11, 2025) said price of its models up to 350 cc would come down by up to ₹18,800 with it passing on the GST rate cut benefit to customers. The company will pass on full benefits of the recent GST rate reduction to its customers across…
Read More “Honda’s GST rate cut benefit lowers two-wheeler prices up to 350cc by ₹18,800” »
On September 22, India will simplify its GST rates into two main slabs, 5% and 18%, with a special 40% bracket for “sinful” and ultra-luxury goods. Many everyday foods get cheaper. For example, pizza bread will drop from 5% to zero and a long list of sugar-based products, including sugar-boiled confectionery, chocolates, jams, and fruit…
At the 56th meeting of GST Council meeting, the current four-tier structure has been replaced with a two-tier one, with a standard rate of 18% and five per cent, and de-merit rate of 40% on selected few goods and services. | Photo Credit: Getty Images The State Bank of India (SBI) in its latest research…
Read More “GST reforms will cause ₹3,700 crore revenue loss to government: SBI report” »
