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US-China Tariff War Hits GM, Ford, Mercedes SUVs
China's 10% additional tariff on vehicles with larger engines imported from the US took effect Monday as the two countries failed to reach a deal over the Trump administration's blanket levy on Chinese goods.
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Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
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Karnataka Government To Waive Penalty On Changing To Medical Course This Year
Karnataka Higher Education Minister C N Ashwath Narayan on Friday said he has instructed the KEA not to levy penalty on students, who had held their engineering seats or have already got admitted into an engineering course, now seeking admission into medical courses.
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Apple Request for Tariffs Exemption on Mac Pro Parts From China Denied: Trump
"Apple will not be given Tariff waiver, or relief, for Mac Pro parts that are made in China. Make them in the USA, no Tariffs!" Trump tweeted.
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China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
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Levis Motorcycles Resurrected With V6 Cafe Racer
The British motorcycle brand is making a comeback with a new V6 Cafe Racer, the first Levis motorcycle to be produced in 80 years.
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GST Cess: All Land Rover SUVs Get Price Hikes
Land Rover is possibly one of the most affected brands when it comes to the new GST cess rates in India. Considering the fact that all Land Rover vehicles are large SUVS that are longer than the 4-metre length requirement that is needed for a lower cess bracket, every single SUV has received a price hike. Prices of the newly launched Discovery too ...
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GST Cess: Jeep Compass SUV Prices Increased By Upto Rs 72,000
With the new additional 7 per cent cess levied on all SUVs, manufactures in India have been forced to increase prices of their vehicles. The recently launched Jeep Compass SUV that has already seen over 10,00 bookings has also undergone a price hike. The Jeep Compass will be pricier by between Rs 21,000 to Rs 72,000 depending on the variant and eng...
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GST Cess: Diesel Maruti Suzuki Ciaz, Ertiga Prices Not Affected
The Ciaz diesel features a technology called SHVS or Smart Hybrid Vehicle System that classifies the sedan as a hybrid car and not just standard internal combustion engine automobile. All hybrid cars are classified at 43 per cent total GST which includes 28 per cent GST and 15 per cent cess that was originally levied on cars when the new tax struct...
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Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level
Under the GST regime, large cars with engine capacity of greater than 1,500 cc and SUVs with length of more than four metres and engine greater than 1,500 cc attracts cess of 15 per cent in addition to the top tax rate of 28 per cent.
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Honda To Hike Bike Prices By Rs. 1000 In 2017 With BSIV Norms Implemented
With the Indian government all set to levy Bharat Stage IV (BSIV) norms on two-wheelers starting next year, Honda Motorcycle and Scooter India (HMSI) said that it expects prices of existing products to increase between Rs. 400-1000.
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Diesel Vehicles May Be Registered On Payment Of Green Cess: Supreme Court
In a good news for aspiring owners of diesel-run SUVs and cars with engine capacity of 2000 CC and above, Supreme Court today said it was open to lifting the ban on their registration in Delhi and NCR subject to a levy of one-time environment compensation cess.
-
US-China Tariff War Hits GM, Ford, Mercedes SUVs
China's 10% additional tariff on vehicles with larger engines imported from the US took effect Monday as the two countries failed to reach a deal over the Trump administration's blanket levy on Chinese goods.
-
Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
-
Karnataka Government To Waive Penalty On Changing To Medical Course This Year
Karnataka Higher Education Minister C N Ashwath Narayan on Friday said he has instructed the KEA not to levy penalty on students, who had held their engineering seats or have already got admitted into an engineering course, now seeking admission into medical courses.
-
Apple Request for Tariffs Exemption on Mac Pro Parts From China Denied: Trump
"Apple will not be given Tariff waiver, or relief, for Mac Pro parts that are made in China. Make them in the USA, no Tariffs!" Trump tweeted.
-
China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
-
Levis Motorcycles Resurrected With V6 Cafe Racer
The British motorcycle brand is making a comeback with a new V6 Cafe Racer, the first Levis motorcycle to be produced in 80 years.
-
GST Cess: All Land Rover SUVs Get Price Hikes
Land Rover is possibly one of the most affected brands when it comes to the new GST cess rates in India. Considering the fact that all Land Rover vehicles are large SUVS that are longer than the 4-metre length requirement that is needed for a lower cess bracket, every single SUV has received a price hike. Prices of the newly launched Discovery too ...
-
GST Cess: Jeep Compass SUV Prices Increased By Upto Rs 72,000
With the new additional 7 per cent cess levied on all SUVs, manufactures in India have been forced to increase prices of their vehicles. The recently launched Jeep Compass SUV that has already seen over 10,00 bookings has also undergone a price hike. The Jeep Compass will be pricier by between Rs 21,000 to Rs 72,000 depending on the variant and eng...
-
GST Cess: Diesel Maruti Suzuki Ciaz, Ertiga Prices Not Affected
The Ciaz diesel features a technology called SHVS or Smart Hybrid Vehicle System that classifies the sedan as a hybrid car and not just standard internal combustion engine automobile. All hybrid cars are classified at 43 per cent total GST which includes 28 per cent GST and 15 per cent cess that was originally levied on cars when the new tax struct...
-
Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level
Under the GST regime, large cars with engine capacity of greater than 1,500 cc and SUVs with length of more than four metres and engine greater than 1,500 cc attracts cess of 15 per cent in addition to the top tax rate of 28 per cent.
-
Honda To Hike Bike Prices By Rs. 1000 In 2017 With BSIV Norms Implemented
With the Indian government all set to levy Bharat Stage IV (BSIV) norms on two-wheelers starting next year, Honda Motorcycle and Scooter India (HMSI) said that it expects prices of existing products to increase between Rs. 400-1000.
-
Diesel Vehicles May Be Registered On Payment Of Green Cess: Supreme Court
In a good news for aspiring owners of diesel-run SUVs and cars with engine capacity of 2000 CC and above, Supreme Court today said it was open to lifting the ban on their registration in Delhi and NCR subject to a levy of one-time environment compensation cess.
