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CARS WILL SEE A TAX CUT
Irish company tax ruling offers capital gains relief hope to foreign investorsIn a noteworthy decision, the Income Tax Appellate Tribunal has exempted Fireeye, an Irish company, from capital gains tax on an indirect t...- Half a dozen small hybrids getting ready for Indian launchAutomakers including Maruti Suzuki, Hyundai, Toyota and Renault are preparing around half a dozen small hybrid vehicles for India over the ...
- Owner denied insurance claim after car catches fire from a puncture on highway, insurer ordered to pay Rs 70.75 lakhA car owner whose vehicle caught fire after being parked on a highway following a tyre puncture was denied an insurance claim over the vehi...
- Two-wheelers, commercial vehicles set to outperform passenger cars in FY27: ReportIndia's auto industry, excluding tractors, is showing steady growth with two-wheelers and commercial vehicles leading. Passenger vehicle sa...
- Google cofounder Sergey Brin has spent over $100M to oppose California's billionaire tax. Here's how much he could lose if the proposal is passedBrin has contributed over $100 million to oppose California's proposed wealth tax on billionaires. Proposition 40 would impose a one-time 5...
- Sell your stocks too soon and you may pay more: How long you hold an asset changes your 2026 Capital Gains Tax, and timing matters hereThe baseline for tax planning in 2026 relies on shifting retirement contribution limits. The IRS adjusted these thresholds, altering the ca...
- Rick Ross’ luxury lifestyle: $35 million star island mansion, $5.8 million Promise Land. Rapper rides Maybach 57S, Rolls-Royce and moreRick Ross has proven to be a savvy real estate investor, amassing an impressive portfolio of high-end properties. Among his most extravagan...
- Auto makers post strong sales ahead of festive seasonIn September, automotive sales in India showed remarkable growth due to increased demand following the GST rate cuts. Maruti Suzuki led the...
- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
- Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
- Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- IRDAI insurance commission curbs: Why the industry is facing a reckoningThe IRDAI's move to tighten commission caps in India's insurance sector has sparked considerable attention. Despite previous regulatory att...
- Jefferies names Max Financial as its top insurance pick, sees 41% upside despite target cutJefferies has moved Max Financial Services to the top of its life insurance picks, retaining a Buy rating despite cutting its target price....
- India's car sales crank up as GST gains & income twist top price hikesCar prices have risen about 3% in the past year, but faster growth in household disposable incomes has kept cars affordable after GST 2.0 c...
- JSW wants Volkswagen to bear $1.4 billion India tax bill in JV dealIn a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in Indi...
- You Can See Everything trailer out: Know all about Elizabeth Holmes and Nathan Fielder before watching the docA24 has released a new trailer for the documentary You Can See Everything, which focuses on Elizabeth Holmes. The film chronicles her final...
- Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominateTax cuts on small cars have increased their market share, rising from 2.3% to 3.3% recently. Sport utility vehicles have continued to gain ...
- Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
- First-time car buyers make a comeback as lower GST boosts small-vehicle demandFirst-time car buyers are returning to India's market, increasing their sales share significantly. Lower taxes have revived demand for entr...
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