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LUXURY CARS GST BENEFITS
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...- Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likelyThe Indian automobile industry is currently grappling with rising input and freight costs due to geopolitical uncertainties. Prices of key ...
- Auto companies ride on a low base to deliver robust 22% sales in SeptemberCar sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheel...
- ‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
- Bollywood actor Imran Khan who took part in CJP protest had sold his Ferrari, BMW and Mercedes for a common man’s Volkswagen Polo GT car. Why he ditched the luxury cars?Former Bollywood actor Imran Khan traded his luxury car collection, including a Ferrari, Porsche, Mercedes and BMW, for a customised Volksw...
- Toyota to add annual capacity of 100,000 units at Karnataka plant from early 2027Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand for the Innova Hycross. The compan...
- 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...
- Jaguar has reinvented itself with a 1,016-hp electric car. But its biggest challenge may not be TeslaJaguar has introduced the Type 01, a new electric grand tourer that showcases their rebranding efforts. This vehicle features a powerful 1,...
- Mercedes-Benz India sees luxury buyers paying 5-6% more for plug-in hybridsMercedes-Benz India is optimistic about the demand for plug-in hybrid vehicles in the luxury segment. CEO Santosh Iyer noted the appeal for...
- Audi India mulling local production of electric car, aims to double market share in 3-5 yearsAudi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury ca...
- Owner sees 2 employees coming to work on two wheeler in harsh winter, gifts Rs 45 lakh BMWs to themA restaurant owner in China's Henan province gifted two employees brand-new BMW cars worth around Rs 43 lakh each after seeing them commute...
- Rohit Shetty lives in a 10-storey mansion in Juhu, Mumbai, priced Rs 80,000 per sq ft: First four floors house only his cars. Home features huge gym, home theatre, green terraceRohit Shetty, one of Bollywood’s most bankable directors with hits such as Golmaal, Singham, Chennai Express to his name, enjoys a lavish l...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | ExplainedThe GST Council has approved a sweeping process overhaul, easing registration, speeding up refunds, widening input tax credit and reducing ...
- GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
- Vehicle registrations up 32% on-year in SeptemberAs per data collated by Federation of Automotive Dealers’ Associations (FADA), passenger vehicles, two-wheelers and commercial vehicles ret...
- India luxury car sales rise in double digits; Mercedes-Benz sales grow 8% to record 15,190 unitsThe luxury vehicle market in India showcased a striking uptick in sales for 2026, reflecting a robust appetite for high-end automobiles. Me...
- Mercedes-Benz India sales rise 8 pc in January-September 2026Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-Septem...
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