Automobile Budget

Expect Clean Fuel Technology Cars Programme To Get A Push: CARE

Expect Clean Fuel Technology Cars Programme To Get A Push: CARE

NDTV Profit Team | Monday January 28, 2019

Industry body ATMA expects the government to lower the import duty of natural rubber to meet growing demand for automobile tyres.

SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session

SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session

Shubham Parashar | Tuesday January 15, 2019

The move could give a strong push to the passenger vehicles sales which otherwise have been cruising in the slow lane in the second and third quarter of Fiscal Year 2018-19 and the industry isn't expecting the performance to improve significantly even in the last quarter. Moreover, luxury carmakers like Mercedes-Benz, BMW, Audi, Volvo and Jaguar Land Rover who general...

Steelmakers Need Reduction In Customs Duty On Key Input Material: Industry Body

Steelmakers Need Reduction In Customs Duty On Key Input Material: Industry Body

NDTV Profit Team | Tuesday January 15, 2019

Budget 2019: Ficci has pitched for a reduction in customs duty on a variety of materials used as key inputs in the steel-making process. Availability of vital inputs in good quality is declining and the steel industry has to depend on their imports on a regular basis, Ficci has said in its pre-Budget recommendations to the government.

Auto Makers Report Growth In Sales In January

Auto Makers Report Growth In Sales In January

Indo-Asian News Service | Thursday February 01, 2018

India's largest carmaker Maruti Suzuki India Ltd last month logged 4.8 per cent volume growth compared to January 2017.

Budget 2018: Road, Infra Cess Proposed On Petrol

Budget 2018: Road, Infra Cess Proposed On Petrol

Indo-Asian News Service | Thursday February 01, 2018

On unbranded diesel, the additional excise duty was brought down from Rs 8.33 per litre to Rs 6.33 per litre and on branded diesel from Rs 10.69 per litre to Rs 8.69 per litre.

Budget 2018: Expectations For The Auto Industry From Arun Jaitley On Electric and Luxury Cars

Budget 2018: Expectations For The Auto Industry From Arun Jaitley On Electric and Luxury Cars

CarAndBike Team | Thursday February 01, 2018

This is the first Budget after the introduction of GST and we all know how the prices of cars were affected by the introduction of the Goods and Services Tax. GST did away with all the indirect taxation but the additional cess on luxury cars acted as a dampner for the car makers, in Budget 2018.

TVS Motor Q3 Profit Rises 16%, Misses Estimates

TVS Motor Q3 Profit Rises 16%, Misses Estimates

Thomson Reuters | Tuesday January 30, 2018

Two-wheeler sales including exports increased 13.8 per cent to 799,000 units with motorcycles sales rising to 314,000 units.

Jaguar Land Rover Seeks Reduction In GST Rates On Premium Sedans, SUVs

Jaguar Land Rover Seeks Reduction In GST Rates On Premium Sedans, SUVs

Press Trust of India | Friday January 26, 2018

The Jaguar portfolio in India includes models like XE, XF, F-PACE and XJ while the Land Rover range includes the Discovery Sport, Range Rover Evoque among others.

Mahindra Racing Ties Up With Pininfarina, Tech Mahindra

Mahindra Racing Ties Up With Pininfarina, Tech Mahindra

Press Trust of India | Wednesday January 24, 2018

Mahindra Racing will have access to Pininfarina's testing facilities in Italy which will help the team enhance the aerodynamic efficiency of its race car, the company said.

Industry Body Seeks R&D Incentive For EV Parts Import

Industry Body Seeks R&D Incentive For EV Parts Import

Press Trust of India | Sunday January 14, 2018

From 2017-18 the weighted tax deduction on research and development (R&D) expenses has been reduced to 150 per cent from 200 per cent earlier.