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AUTOMOBILE TAXATION IN INDIA
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...
- 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 ...
- High taxation limiting growth of super luxury car market in India: Lamborghini CEO & chairmanAt present, India levies GST rate of 28% on automobiles, with additional cess ranging between 1-22%, depending on the type of vehicle. Full...
- 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...
- BS IV implementation, a Tsunami coming towards automobile industry: Abhay Firodia, Force Motors"Technology change, taxation change, growth and it is going to lead to a lot of excitement, lot of opportunities," said Abhay Firodia.
- 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...
- India-EU trade talks hit deadlock over import dutyIndia’s trade talks with European Union seem to have deadlocked over the import duty New Delhi levies on alcohol and automobiles.
- IT tax panel a welcome step; will bring clarity: NasscomSoftware industry body Nasscom has said the govt's decision to set up a panel to look into tax-related issues will help allay concerns of t...
- Ford to export Figo to 50 countries in 2012Buoyed by the 'strong' mkt demand for its latest Figo, Ford India planned to export the car to 18 more overseas mkts by this year.
- 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.
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