Apart from medium and large cars, and SUVs, all other old and used motor vehicles come under 12 per cent category.
Due to the RERA, the GST, and demonetization, there has been a sharp decrease in demand in the real estate sector.
GST, one of the biggest tax reforms of the country in 70 years of independence came into force from the midnight of 30 June
Additionally, the Ministry of Finance has recently tweeted a statement from its official handle regarding this issue. In this statement, the Finance Ministry says
Eating out at restaurants may become cheaper, depending on the restaurant in question. Before, there were two tax rates on restaurants: 18%