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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
6 mins read
Tamil Nadu government is upset about losing money on luxury cars
The Tamil Nadu government recently released a white paper — and the state’s Finance Minister Palan…
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
4 mins read
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
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
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…
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…
2 mins read
Indian PM Narendra Modi promises his government will slash GST rates on over two dozen consumer items in the highest tax category
Earlier this year, India’s GST Council removed about 14 items from the highest tax category.…
2 mins read
This festive season is not proving to be sparkling for the luxury car market, blame it on GST
Sales estimates are being pruned by many company executives. Earlier, they were estimated to be exp…
1 min read
This is how much popular cars like i10, Alto and Scorpio will cost after GST
Prices of popular cars have come down with sedans and luxury cars bringing the maximum discounts. W…
1 min read
Now ‘Made in India’ Mercedes to cost less
The price reduction of the entire ‘Made in India’ portfolio ranges from 2% to 9% …
1 min read
Higher taxes, other levies hurting luxury car sales; govt must address: Audi India head
New Delhi, Jan 26 () High GST rates, import duties and registration taxes are limiting the growth o…
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
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…
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
Porsche launches Panamera Turbo priced at Rs 1.93 crore
As per the statement, the vehicle can accelerate from 0-100 km/h in mere 3.8 seconds. (Image source…
2 mins read
India lost ₹900 billion due to tax rate cuts under GST, says former Finance Minister Arun Jaitley
Just a few days ahead of the Union Budget, former Finance Minister Arun Jaitley said that the gover…
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…