Auto industry takes up Rs 2,500 cr compensation cess issue in pre-Budget meeting with govt

FM Sitharaman chairs Pre-Budget Consultation with Banking sector experts - The Indian Awaaz

Staff Reporter Union Finance Minister Nirmala Sitharaman Wednesday chaired the 7th Pre-Budget Consultation with the experts from Banking, Financial Services and Insurance in connection with the forthcoming Union Budget 2026-27 in New Delhi today. The meeting was attended by Minister of State for Finance Pankaj Chaudhary, Secretaries of the Department of Economic Affairs, Chief Economic Adviser to the Central Government and senior officials of th…

Auto industry takes up Rs 2,500 cr compensation cess issue in pre-Budget meeting with govt

New Delhi, Nov 19 (PTI) Auto industry representatives are understood to have taken up with the government the issue of Rs 2,500 crore compensation cess credits arising out of GST 2.0 regime in their pre-Budget meeting, according to sources. Representatives from the auto industry, including Society of Indian Automobile Manufacturers (SIAM), in their meeting with Finance Minister Nirmala Sitharaman and senior officials held on Tuesday, raised the …