Best Stocks to Buy Now: Top Picks for 2024. As we enter the final quarter of 2024, the stock market continues to offer investors a wide range of opportunities. With market conditions constantly shifting, identifying the best stocks to buy now is essential for maximizing returns in the coming months. Whether you're a seasoned investor or a beginner looking to build your portfolio, here’s a closer look at some of the top stocks that are poised for growth in the near future. 1. Tesla (TSLA) - A Leader in EV Innovation Tesla has been a leader in the electric vehicle (EV) market for years, and its dominance shows no sign of waning. The company continues to innovate with new models, improvements in battery technology, and global expansion of its production capabilities. With the EV market projected to grow exponentially over the next decade, Tesla remains one of the best stocks to buy now . Moreover, Tesla's advancements in autonomous driving technology, energy storage, a...
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Understanding the GST on Used Cars: What You Need to Know
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In India, the Goods and Services Tax (GST) system has transformed the way we buy and sell goods, including vehicles. The introduction of GST has brought clarity to the taxation system, but it has also raised several questions among consumers, especially regarding used cars. If you're in the market for a second-hand vehicle or planning to sell one, it's essential to understand how GST applies to used cars. What is the GST Rate on Used Cars? Before delving into the details, it's crucial to know that used cars are subject to a different GST structure compared to new cars. Under the GST regime, the tax on used cars is not as straightforward as a flat percentage. The rate and method of taxation vary based on the type of transaction, the value of the vehicle, and whether it involves a registered dealer. Here’s a quick breakdown of the GST on used cars: GST Rate on Used Cars Sold by Registered Dealers If a used car is sold by a registered dealer, the applicable GST rate is 12% ...