New Gst On Cars
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Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
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Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
-
Tobacco, Liquor, Fancy Cars: What Will Cost More As Centre Plans GST Revision
Cigarettes, carbonated drinks, and high-end cars are among items that may become more expensive if a proposal to replace the expiring compensation cess - in the Goods and Services Tax system - with cesses on health and clean energy.
-
New Rules To Incorporate Ownership Details Of Differently-Abled In Vehicle Registration Documents
The amendment notified by the Road, Transport and Highways ministry will help the physically challenged citizens properly avail various benefits and financial incentives available while purchasing a new vehicle.
-
Government Working To Reduce GST Rates On Electric Vehicles: Niti Aayog
Amitabh Kant, CEO- Niti Aayog said that the government has been trying bringing down the tax rates on electric vehicles (EVs) to 5 per cent and compared to 28 per cent at other vehicles.
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Budget 2020: Auto Sector Misses Direct Benefits; Indirect Sops Likely To Drive Sales
GST reduction and incentive based scrappage policy are the need of the hour, but all indirect benefits should curb liquidity crisis and uplift general customers' sentiment.
-
Budget 2020: SIAM Demands GST Reduction On BS6 Vehicles; Incentive Based Scrappage Policy
It's not the first time SIAM has raised these demands, in fact it's been over a year the body has been asking to reduce GST rates in order to push sales during the prolonged slowdown.
-
Government Mulling On Reducing Tax Rates For Passenger Vehicles
SIAM and several automakers have asked for GST rates to be reduced on passenger vehicles and peg them under 18 per cent tax slab instead of 28 per cent.
-
Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates
The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per ...
-
Hyundai Kona Electric's Price Reduced; Now Priced At Rs. 23.71 Lakh
Hyundai has reduced the price of the Kona from Rs. 25.3 lakh to Rs. 23.71 lakh on account of the government reducing the GST rates on electric vehicles. Hyundai has received about 152 bookings in 20 days for the Kona.
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Slowdown In Auto Sales Ahead Of BS6 May Hamper Sales Margins And GST Collection
Auto experts say that if sales continue to drop further, the industry may a face problem to sustain margins, given the advent of emission and safety norms which require automakers to hike prices. SIAM also says that further decline in sales would affect GST revenue collection as well.
-
Budget 2019: Tax Rebate for Buying Electric Cars, Eased Angel Tax Norms, New Space Company for ISRO, More
Budget 2019: Finance Minister Nirmala Sitharaman detailed a number of proposals in the budget to boost e-mobility, Indian space programme, startups and Make in India initiative as the government looks to turn the country into a $5 trillion (3,42,65,500 crores) economy by 2024-2025.
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2019 Toyota Camry Hybrid: Key Features Explained In Detail
The 2019 Toyota Camry Hybrid has been launched in India and the Japanese carmaker has impressed with the pricing this time. While we were expecting the all-new Toyota Camry Hybrid to be a couple of lakhs more expensive than the outgoing model given that it has received a significant update, at Rs. 36. 95 lakh (ex-showroom, India) Toyota has managed...
-
All-New Toyota Camry Hybrid Launch Date Revealed
The all-new Toyota Camry will be launched in India on January 18, 2019. The new Toyota Camry will be the eight generation of the car globally and the 4thgeneration for the entry level luxury sedan in the country. The all-new Toyota Camry will only be offered with a hybrid powertrain at the time of launch and will go up against the likes of the Skod...
-
"Milk And Mercedes Can't Be Taxed At Same GST Rate": PM's Dig At Congress
Prime Minister Narendra Modi today ruled out a single tax rate under the GST, saying Mercedes car and milk cannot be taxed at the same rate adding that accepting Congress party' demand for a uniform 18 per cent rate would lead to a spike in food and essential items' taxation.
-
Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
-
Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
-
Tobacco, Liquor, Fancy Cars: What Will Cost More As Centre Plans GST Revision
Cigarettes, carbonated drinks, and high-end cars are among items that may become more expensive if a proposal to replace the expiring compensation cess - in the Goods and Services Tax system - with cesses on health and clean energy.
-
New Rules To Incorporate Ownership Details Of Differently-Abled In Vehicle Registration Documents
The amendment notified by the Road, Transport and Highways ministry will help the physically challenged citizens properly avail various benefits and financial incentives available while purchasing a new vehicle.
-
Government Working To Reduce GST Rates On Electric Vehicles: Niti Aayog
Amitabh Kant, CEO- Niti Aayog said that the government has been trying bringing down the tax rates on electric vehicles (EVs) to 5 per cent and compared to 28 per cent at other vehicles.
-
Budget 2020: Auto Sector Misses Direct Benefits; Indirect Sops Likely To Drive Sales
GST reduction and incentive based scrappage policy are the need of the hour, but all indirect benefits should curb liquidity crisis and uplift general customers' sentiment.
-
Budget 2020: SIAM Demands GST Reduction On BS6 Vehicles; Incentive Based Scrappage Policy
It's not the first time SIAM has raised these demands, in fact it's been over a year the body has been asking to reduce GST rates in order to push sales during the prolonged slowdown.
-
Government Mulling On Reducing Tax Rates For Passenger Vehicles
SIAM and several automakers have asked for GST rates to be reduced on passenger vehicles and peg them under 18 per cent tax slab instead of 28 per cent.
-
Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates
The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per ...
-
Hyundai Kona Electric's Price Reduced; Now Priced At Rs. 23.71 Lakh
Hyundai has reduced the price of the Kona from Rs. 25.3 lakh to Rs. 23.71 lakh on account of the government reducing the GST rates on electric vehicles. Hyundai has received about 152 bookings in 20 days for the Kona.
-
Slowdown In Auto Sales Ahead Of BS6 May Hamper Sales Margins And GST Collection
Auto experts say that if sales continue to drop further, the industry may a face problem to sustain margins, given the advent of emission and safety norms which require automakers to hike prices. SIAM also says that further decline in sales would affect GST revenue collection as well.
-
Budget 2019: Tax Rebate for Buying Electric Cars, Eased Angel Tax Norms, New Space Company for ISRO, More
Budget 2019: Finance Minister Nirmala Sitharaman detailed a number of proposals in the budget to boost e-mobility, Indian space programme, startups and Make in India initiative as the government looks to turn the country into a $5 trillion (3,42,65,500 crores) economy by 2024-2025.
-
2019 Toyota Camry Hybrid: Key Features Explained In Detail
The 2019 Toyota Camry Hybrid has been launched in India and the Japanese carmaker has impressed with the pricing this time. While we were expecting the all-new Toyota Camry Hybrid to be a couple of lakhs more expensive than the outgoing model given that it has received a significant update, at Rs. 36. 95 lakh (ex-showroom, India) Toyota has managed...
-
All-New Toyota Camry Hybrid Launch Date Revealed
The all-new Toyota Camry will be launched in India on January 18, 2019. The new Toyota Camry will be the eight generation of the car globally and the 4thgeneration for the entry level luxury sedan in the country. The all-new Toyota Camry will only be offered with a hybrid powertrain at the time of launch and will go up against the likes of the Skod...
-
"Milk And Mercedes Can't Be Taxed At Same GST Rate": PM's Dig At Congress
Prime Minister Narendra Modi today ruled out a single tax rate under the GST, saying Mercedes car and milk cannot be taxed at the same rate adding that accepting Congress party' demand for a uniform 18 per cent rate would lead to a spike in food and essential items' taxation.
