India Proposes Slashing Taxes on Small Cars under Modi Reforms, Sending Shares Higher

2025-06-17T104147Z_1207598265_RC2A4FA0JIQF_RTRMADP_3_INDIA-BUSINESS
NEW DELHI, Aug 18 (Reuters) – India aims to slash taxes on small cars and insurance premiums as part of a sweeping reform of its goods and services tax (GST), a government source said on Monday, sparking a rally in Indian stock markets.

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