“Buy One, Give One”: The Hidden Financial Burden of Car Ownership in India
The government’s proposal to revise GST rates on cars promises some relief, but for many middle-class Indians, the cost of car ownership still stings. As one chartered accountant put it: “Buy one car, give one to the government.” In a recent analysis, CA Kapil Gupta broke down the proposed changes. Under the new structure, GST … Read more