India proposes lowering GST on small cars, insurance premiums, source says
18/08/2025 03:10
NEW DELHI, Aug 18 (Reuters) - India has proposed lowering the goods and services tax (GST) on small cars and insurance premiums as part of sweeping consumption tax cuts announced on Friday, according to a government source. (Reporting by Nikunj Ohri; Editing by Christian Schmollinger) ((Aftab.Ahmed@thomsonreuters.com; +91 99109 33884;))
Recent news on SUZUKI MOTOR
See all newsSuzuki asks India suppliers to shorten production week in push for quality, sources say
Suzuki aims to halve vehicle development time by 2030
Brief: Suzuki Motor Will Target Annual Production Capacity Of 4 Million To 4.99 Million Vehicles In India From The 2030 Fiscal Year Onwards
India's Maruti sees passenger vehicle market rising to up to 6.3 mln units by 2031
Table: Suzuki Motor -Q1 group results (IFRS)