Rates have been reduced across the country and vary from state to state depending on the local incidence of taxation (VAT)
"Healthy rural demand and an increasing preference for personal mobility will drive this growth," said Crisil Ratings Director Gautam Shahi
Building a consensus on the issue of bringing petroleum products under the GST is likely to be a challenging task as it will require a significant amo
While the burden on the consumers is "understood", the pricing is a vexatious issue, she said
Pent-up demand and shift in consumer preference for personal mobility are expected to drive sales in the coming months
This will be the fastest pace of fuel product consumption in six years
It’s unlikely that much of the world would shift entirely to EVs before the middle of the next decade. In the interim, India could explore the use o
"It will be a good move, but the decision rests with the GST Council," Subramanian said.
The Centre is yet to respond with a cut with the Union petroleum minister blaming rise in crude prices and increased spending by the government to tid
The RBI believes it is time for the central/state governments to trim down taxes clamped on diesel and petrol