Explainer: All you need to know about the GST on EVs
During the 55th GST Council meeting press conference on Saturday, the panel approved an increase in the GST rate on used EVs sold by businesses to 18 per cent from 12 per cent earlier.
Union Finance MInister Nirmala Sitharaman on Friday said that the government aims to achieve its objective of providing a house to everyone by 2022.
Presenting the Budget in Parliament, the Minister said: “Pradhan Mantri Awas Yojana – Gramin (PMAY-G) aims to achieve the objective of ‘Housing for All’ by 2022.”
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She said a total of 1.54 crore rural homes had been built in the last five years.
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“In the second phase of PMAY-G, during 2019-20 to 2021-22, 1.95 crore houses are proposed to be provided to the eligible beneficiaries,” she said, adding that these houses were also being provided with amenities like toilet, electricity and LPG connection.
She said that with the use of technology, DBT platform and technology inputs, average number of days for completion of houses had reduced from 314 days in 2015-16 to 114 days in 2017-18.
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