Tag Archives: Prakash Javadekar

The government may increase tariffs on imported cars

Representative image NEW DELHI: In a move seen as a protectionist measure, the government said on Friday that import tariffs on fully or semi-downed cars and assemblies (CKD and SKD) could be increased as it also advised foreign manufacturers to reduce the amount of royalty payments they collect from their …

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Government studies GST rate cut for the automobile sector

Union Minister of Heavy Industries and Public Enterprises, Prakash Javadekar, said on Friday that the central government is looking into the auto industry’s recommendation for a reduction in GST rates by 10% in all categories of vehicles. The announcement will be made soon, he added. Speaking at the 60th Annual …

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