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GST Rates Reduced to 18% in the Auto Sector
The 56th GST Council meeting reduced tax rates on small cars, motorcycles, three-wheelers, buses, trucks, and ambulances from 28% to 18%, with a uniform 18% rate on all auto parts.
BMW Launches First Neue Klasse Model – iX3
BMW’s new all-electric iX3 debuts with 805 km range, 400 kW charging, 469 hp, and next-gen digital features. Production begins in Hungary in 2025, with market launch in 2026 across Europe, USA, and China.
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