https://www.taxtmi.com/news?id=23297 Government GST reduction could offset price increases from the BS VI transition, restoring consumer affordability and stimulating passenger vehicle volumes; automobiles now attract 28% GST plus cess. The article also recommends extending FAME scheme incentives to the personal car segment to accelerate electric vehicle adoption, subject to price, localisation and range criteria, while manufacturers scale production to leverage public investment in electrification and charging infrastructure. en-us Mon, 26 Oct 2020 18:29:12 +0530 Mon, 26 Oct 2020 18:29:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23297 Government GST reduction could offset price increases from the BS VI transition, restoring consumer affordability and stimulating passenger vehicle volumes; automobiles now attract 28% GST plus cess. The article also recommends extending FAME scheme incentives to the personal car segment to accelerate electric vehicle adoption, subject to price, localisation and range criteria, while manufacturers scale production to leverage public investment in electrification and charging infrastructure. News - Mon, 26 Oct 2020 18:29:12 +0530 https://www.taxtmi.com/news?id=23297