Budget 2020: Industry Body Calls For Reduction In GST On Automobiles To 18%

Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1. All eyes will be on what the Budget holds for car buyers. In the first Budget after the re-election of Prime Minister Narendra Modi's government in May last year, the government made few key announcements to boost the electric vehicle industry. The Society of Indian Automobile Manufacturers (SIAM) has pitched for a reduction in the Goods and Servi...