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TAXATION OF AUTOMOBILES
On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Manufactured monopoly: How industrial policy is structuring monopolies in IndiaIndia's industrial strategies are shaping a landscape where giant corporations thrive while smaller enterprises struggle to keep up. Polici...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- Tax on automobiles must be tech agnostic, focus on reducing fossil fuel use, decarbonisation: Toyota Kirloskar MotorToyota Kirloskar Motor's Executive VP Vikram Gulati advocates for tax incentives for hybrid vehicles, emphasizing that taxation should alig...
- Government must review tax structure to keep auto industry on fast lane, says R C BhargavaWhile the industry has grown in strong double-digits this year, demand is coming from the more premium end of the market, indicating stress...
- Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman"The burden of regulatory changes on the small cars is far higher than the regulatory burden on big cars and that is changing the whole mar...
- We expect rural growth to continue in the next year: Shashank Srivastava, Maruti"In our overall portfolio, 43.5% of our sales now come from the rural areas against last year of around 43%. So there is an uptick there as...
- India's top automaker blames regulatory burden, high taxes for keeping cars out of reachCar-industry growth in India has slowed to 3% from 12% in the past twelve years, partly due to poor government policies, Bhargava said. Mar...
- Reducing taxes on automobiles can boost sector, benefit economy: Vikram KirloskarAlthough at the moment India cannot afford to slash the tax rate on automobiles drastically, he said a plan to reduce cess on the industry ...
- Luxury car makers seek reduction in taxes on automobiles in upcoming Budget"Anything which is a deterrent to the demand in the sector we should stay away because at the end that will cause problem," Mercedes-Benz I...
- Auto companies ‘dissent’ not justified, India's taxes in line with global rates: Finance Ministry sourcesGovernment’s view came in response to key voices from the auto industry blamed ‘prohibitive’ taxes for dampened consumer demand amid the Co...
- New Auto Policy likely to be finalised in 3 monthsA draft Cabinet note on the policy is being prepared and will be circulated shortly among departments concerned, officials in the Heavy Ind...
- Commerce Ministry for single GST rate on multimodal transport of vehiclesMultimodal transportation includes a combination of more than one mode of movement, such as rail, road or sea, for end-to-end delivery of g...
- GST an opportunity to rationalise tax structure in auto sectorGST is one of the most significant tax reforms in India since independence and will further enhance the ease of doing business.
- Budget 2016: An attempt to enable government’s vision of creating economic opportunities, says Sanjeev PrasadSanjeev Prasad said that the Budget attempts to enable government’s broader vision of creating economic opportunities for all sections of s...
- India-China body sets up 8 committees to help promote tradeICTC has decided to set up 8 committees to help promote bilateral trade in areas including auto components, automobiles and film, media and...
- Uruguay to sign double-taxation treaty with India soon: Uruguay VPUruguay would sign a double-taxation treaty with India very soon, visiting Vice-President of the Latin American country Danilo Astori said.
- Commonwealth Games fuel Haryana's tax collectionsFueled by an overall industrial growth particularly in the auto and hospitality sector during the recent CWG, Haryana's VAT collection and ...
- Plan panel for PAN-like registration Nos for motor vehiclesThe Planning Commission has mooted a centralised, IT-based system for vehicle registration with a number similar to PAN card for automobile...
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