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LUXURY CAR TAX RULES INDIA
Rs 2 crore luxury purchase, Rs 20 lakh tax: Mumbai car dealers who saved 14 lakh with Diu and Daman registrations face licence cancellation; what about their customers?- Rs 1.79 lakh US tax credit under India-US DTAA denied over late Form 67 filing; ITAT Bangalore rules in man’s favour
- Petrol cars, EVs and crash-test standards face changes; vehicle owners, check how the government plans to make cars safer
- Retired employee gets income tax notice over Rs 9.29 lakh leave encashment; ITAT Jaipur cancels it and gives him full tax exemption, here's whyMr. Gupta, a former employee of the State Bank of India, found himself facing an income tax notice concerning Rs 9.29 lakh in leave encashm...23 Oct, 2026, 08.42 AM IST
- Event data recorders may be mandatory for vehiclesBy 2029, India's ministry of road transport and highways is looking to enforce the installation of event data recorders in vehicles to enha...22 Oct, 2026, 11.56 PM IST
- Bengaluru techie gets Rs 61 lakh repair estimate for Mercedes-Benz after crashAn Amazon software engineer in Bengaluru has shared how a highway crash during heavy rain led to a Rs 61 lakh repair estimate for his Merce...22 Oct, 2026, 11.23 PM IST
- New cars may get automatic emergency braking from 2030: What does it mean?The Road Ministry aims to implement Advanced Emergency Braking Systems for all new car models by October 2030. For pre-2030 models still in...22 Oct, 2026, 10.45 PM IST
- Automatic ADAS breaking in all cars: Nitin Gadkari's Transport Ministry plans advanced emergency braking system from 2030Nitin Gadkari-led Union Ministry of Road Transport and Highways is considering making advanced emergency braking systems mandatory in new c...22 Oct, 2026, 01.23 PM IST
- Technology overtakes brand in influencing India’s car-buying decisions: ReportTechnology and advanced features have outpaced brand loyalty in influencing car purchases among Indian consumers. A recent Bain & Co survey...21 Oct, 2026, 07.07 PM IST
- Virender Sehwag’s money lesson to sons: How a Rs 7,000 petrol bill taught Nawab of Najafgarh’s kids the value of moneyVirender Sehwag has shared a money lesson that every parent should teach kids. The Nawab of Najafgarh shares how a Rs 7,000 petrol bill tau...21 Oct, 2026, 04.25 PM IST
- North Korea is one of the poorest countries in the world, but its dictator Kim Jong Un lives an ultra-luxurious lifestyle, which includes a bulletproof train and yachts: A look at his fortunesKim Jong Un leads a life characterized by extreme wealth and excesses while much of North Korea suffers from poverty. He travels in luxury,...21 Oct, 2026, 01.18 PM IST
- Income Tax Rules 2026: CBDT notifies Form 173A to claim exemption on interest, capital gains from government securitiesIn a significant update, the Central Board of Direct Taxes has rolled out Form 173A, effective from October 19, 2026, under the Income-tax ...21 Oct, 2026, 12.35 PM IST
- Sunny Leone buys the 'beast' Jeep Wrangler Rubicon. Check its India pricing, 4x4 capabilities, engine and other featuresSunny Leone has bought a white Jeep Wrangler Rubicon in Texas, calling it “mama’s beast” in an Instagram video. Known for its off-roading c...20 Oct, 2026, 05.58 PM IST
- Ferrari accelerates India expansion, opens doors to EU trade pact benefitsFerrari is expanding its presence in India by opening dealerships in Chennai and Ahmedabad. The company aims to take advantage of the propo...20 Oct, 2026, 12.41 AM IST
- Tiger Shroff Car: Is his BMW 3 Series Gran Limousine bulletproof? Check its safety featuresIs Tiger Shroff's BMW 3 Series Gran Limousine bulletproof? Check its safety features, including airbags, ABS, stability control and run-fla...19 Oct, 2026, 03.57 PM IST
- UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...19 Oct, 2026, 10.41 AM IST
- From a nearly $11 million Pagani Zonda, an Aston Martin hypercar to 3 Ferraris, F1 star Fernando Alonso boasts a multi-million dollar car collection: Here’s a look insideFernando Alonso, the well-known Formula One driver, possesses an expansive collection of luxury and hypercars. He recently acquired a Pagan...17 Oct, 2026, 10.00 AM IST
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...16 Oct, 2026, 11.35 PM IST
- Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise pricesLuxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to risi...16 Oct, 2026, 12.38 AM IST
- Volvo Cars plans to raise India prices as rising input, logistics costs hit automakersVolvo Cars India is facing significant challenges from rising input and logistics costs, which may lead to price increases. The company's M...13 Oct, 2026, 03.18 PM IST
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