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2 mins read
Bullish on India; luxury car penetration expected to remain low till tax rationalisation: Audi
Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 …
PTI
1 min read
Luxury car market’s dream of double growth may hit a roadblock. Here’s why
The luxury car market, which was upbeat about lower GST rate on large vehicles, may see a steep…
2 mins read
GST might boost luxury car sales
It was in 2016 that the sales of cars and SUVs priced between Rs 25 lakh and Rs 2 crore had fall…
1 min read
Toyota Kirloskar brings good news for car buyers despite infra cess
Budget 2016 made cars expensive than before by imposing the new infra cess. An additional cess has …
1 min read
Luxury carmakers are offering discounts to boost sales before GST
Since after GST the tax levied on this segment is expected to go down, buyers could be post…
1 min read
Luxury cars to get costlier after GST rolls out
Other products that would be impacted by this decision are pan masala, chewing tobacco and cigarett…
1 min read
GST rate slabs are set. Here’s what is getting expensive and cheaper
Jaitley said the GST, which has been a long pending issue and is expected to propel growth and boos…
6 mins read
India’s car dealers are hoping that Nirmala Sitharaman’s Budget 2021 brings buyers back — but rising prices may still be a deterrent
There is a long list of asks from the auto industry, including the dealers — from income tax re…
1 min read
Removal of cesses for GST would cost government Rs 65,000 crore
The bills amended include the Customs Act, 1962, the Customs Tariff Act, 1975 and the Central Excis…
2 mins read
Great news for the common man, no change in tax slabs but cess and excise duty hiked on several products
Jaitley said the role of tax payers was important in nation building and each rupee contributed to …
1 min read
Jaguar Land Rover just got cheaper. Which one are you planning to buy?
The company said it is fully geared up for the new tax regime and its vehicles will be availabl…
1 min read
The Govt is offering discounts up to 15% on new cars to encourage people to dump their old ones
The road transport and highways ministry has prepared a policy under which anyone voluntary scrappi…
1 min read
Items of common use to get cheaper while cars and consumer durables to attract maximum GST
Daily consumption items like milk, fruit and vegetables, jaggery, food grain and cereals will…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
2 mins read
GST Council meet yet again — to discuss compensation issue for the third time today
The single agenda 43rd meeting of the Council will discuss on the way forward, sources said. …
PTI
1 min read
Ford is offering heavy discounts on EcoSport, Figo. Here’s why
On the other hand, Figo and Aspire are cheaper in the range of Rs 10,000 to Rs 25,000 dependi…
1 min read
Breaking News: India begins its tryst with GST
From now, India is unified under one tax system, transforming the indirect taxation landscape i…
1 min read
Government wants you to ditch tobacco by making it costlier
The health ministry, in its memorandum, suggested that exemptions from the high taxation norms shou…
1 min read
Get ready for 7-hour GST debate in Lok Sabha today. Here are the details
The Indian Government wants to push GST roll out by July 1 and is looking for majority on the bill,…
3 mins read
The new tax collection-at-source rule is so absurd that it might actually be a language mistake
As per industry executives, a new rule is going to make tax collection at source (TCS) compulsory, …