City
Epaper

Nitin Gadkari for 10 pc additional GST on diesel cars

By ANI | Updated: September 12, 2023 13:15 IST

New Delhi [India], September 12 : Union Transport and Highways Minister Nitin Gadkari has proposed a 10 per cent ...

Open in App

New Delhi [India], September 12 : Union Transport and Highways Minister Nitin Gadkari has proposed a 10 per cent hike in diesel cars, in a bid to discourage pollution-creating vehicles.

“Today evening, I am meeting the Union finance minister (Nirmala Sitharaman). I have already prepared a letter where I proposed an additional 10 per cent GST,” Gadkari said in an event organized by the industry body Society of Indian Automobile Manufacturers in Delhi focused on sustainable mobility.

In a good sign, he said diesel vehicle sales have declined from 52 per cent in 2014, to 18 per cent now.

India aims to meet its 50 percent energy needs through renewable sources by 2030, and this additional GST may disincentivise fresh buyers.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsIPL 2026: Klaasen, Kishan fifties guide SRH to 235/4 against sloppy PBKS

BusinessIBCA Summit 2026 to boost global partnerships, South-South cooperation: Bhupender Yadav

CricketWTC 2025-27 to resume with Bangladesh-Pakistan Test series as Australia lead the standings

NationalIBCA Summit 2026 to boost global partnerships, South-South cooperation: Bhupender Yadav

National'Was given lollipop with MoS post': Ex-cricketer Manoj Tiwary exposes Mamata Banerjee's govt

Business Realted Stories

BusinessGDP growth seen down on year at 6.6%, inflation up at 5.1% due to West Asia crisis: CRISIL Chief Economist

BusinessIndia, Vietnam deepen strategic ties, set $25 bn bilateral trade target for 2030

BusinessShree Cement Q4 profit falls 8 pc, margins shrink on cost pressures

BusinessIndia clocks 4.6 per cent growth in exports despite global turmoil

BusinessWest Asia conflict 'biggest test' of India's economic resilience in recent years: S&P Global-Crisil report