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India Eyes Major GST Hike On Premium EVs

India Eyes Major GST Hike On Premium EVs

An Indian tax panel has recommended a significant increase in GST for electric cars to the government claims a new report by Reuters. The proposal seeks to raise the rate from 5 per cent to 18 per cent on vehicles priced between ₹20 lakh and ₹40 lakh, while EVs costing above ₹40 lakh may attract 28-40 per cent taxation.The ₹20-30 lakh EV segment is at the centre of this change. Tata's Harrier EV, launched at ₹21.49 lakh, along with Mahindra's BE 6 and XEV 9e, priced between ₹18.9 lakh and ₹30.5 lakh, all fall directly within the proposed higher slab.
Practical Choices, Steady Progress

Practical Choices, Steady Progress

Horoscope for Today May 19, 2026: Embrace practical steps for steady growth in love, career, and finances. Find calm focus and make real progress today.
Guardiola Exit Reshapes Premier League, Neville Says

Guardiola Exit Reshapes Premier League, Neville Says

Gary Neville suggests Pep Guardiola's potential City exit would reshape the Premier League amid title race dynamics and season uncertainties.
Dehradun FIR after Clock Tower protest

Dehradun FIR after Clock Tower protest

Dehradun Police registered an FIR after an unauthorised Bajrang Dal blockade at Clock Tower caused traffic chaos; case cites BNS sections on nuisance and obstruction.