This keeps the effective tax relatively low, making used EVs more attractive in the resale market. However, if the rate increase is approved, the resale market for used EVs could face challenges ...
According to her, the tax on used cars is based on the margin between the original purchase price and the resale price. This means GST is calculated not on the resale price itself, but on the ...
The Goods and Services Tax (GST) Council’s recent decision to impose an 18 per cent tax on the resale of used electric vehicles (EVs) has sparked significant confusion. Finance Minister Nirmala ...
Buying an HDB resale flat comes with its perks, one of which is the generous HDB resale grants you can qualify for. These grants have seen significant updates over the years, making it easier for ...