Group items tagged

"automotive media in India, finally, Force Motors issued a teaser photo of his SUV Force One. Force One will be a cheap SUV in India, reportedly. Indian media were predicting Force One was launched in late July or early August 2011."

Shriram Automall India Limited (SAMIL) with the vision to be the largest exchange platform for trading pre-owned vehicle having tangible physical presence spanning all major cities of India has very remarkably unfurled 68 Automalls in every major - minor city of India. Among the 68 Automalls, on 4th July' 2013, 25th Automall facility was inaugurated in Bhopal. Facility was inaugurated in the area as the first of its kind in Madhya Pradesh which provide a unique platform for acquisition & disposal of pre-owned vehicles & equipments to the people. Highly skilled staffs, well-equipped yard, prompt valuation service, easy finance option and documentation facilities make sure customers in and nearby areas get the best when it comes to used vehicles and equipment transactions.

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.

Happy Independence Day