‘Mini-budget’ at a glance

Budget-FY20-preview* Increase in GST on 850cc to 1,000cc vehicles from 12.5% to 17% * Increasing the FED on imported vehicles having engine capacity of 1,000cc to 1,799cc from 5% to 10%, on 1,800cc to 3,000cc vehicles from 25% to 30% and on those higher than 3,000cc from 30% to 40% * Increase in advanced tax […]