GST (Goods & Services Tax) Law which is to be implemented in India by July'1, was made public in November 2016. GST provides for maximum rate of tax under the new regime i.e. at 14 per cent (14 per cent central GST and an equal state GST, taking the total to 28 per cent).
The peak tax rate will rise up to 20 per cent, from the current 14 per cent, in the model goods and services tax Bill, which will preclude the requirement of approaching Parliament for any change in rates in future.
The change in the peak rate, under GST bill will not tinker the 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year, GST council has only kept the upper cap higher at 20% so that in future in case of need of hike tax rate, there is no need to approach Parliament for a nod and the GST Council can raise it itself.
The times are changing and automobile industry is corresponding with it. To prove this fact, we will see the autonomous vehicles running around us without a driver in a span of 2-3 years; also the vision has been broadened to invent flying cars for the future.
Winters are finally here and it has already made us think twice before getting out of the bed from the cozy quilt and go to work. With work we remember driving a car. There are some days in winters where most part of the country are fogged up and makes driving difficult. Here we bring you some tips on how to drive better on a foggy winter morning.
Eicher Trucks and Buses (ETB) has launched Eicher 11.14 a highly fuel efficient 9.5 Ton rated payload truck, that with its unmatched features and benefits is likely to redefine and change the image of the 9- 9.5 ton rated payload trucks. This 14.5 T GVW truck product will carry forward the high performance legacy of Eicher Light & Medium Duty Trucks & provide higher benefit to the 9-9.5 ton payload customers with its modern look, style and a host of value features.