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GST ON ELECTRIC CAR
Auto companies stick to fast lane in pay hikes, tooExpect substantial salary increases in India's auto sector, with average hikes projected at 10.3% in 2026, surpassing the general corporate...
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
India's passenger vehicle sales expected to grow 4-6% in FY27: ReportPassenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, marginsIndia's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...
New launches, capacity hike to lift Maruti Suzuki facing a war squeezeMaruti Suzuki's March quarter net profit declined due to mark-to-market losses, input costs, and production constraints. The company is exp...
Big engines, bigger taxes: GST 2.0 hikes duty on luxury cars to 40%India's new GST overhaul brings significant tax changes to the automobile sector. Small petrol and diesel cars will benefit from reduced ra...
GST Council revises tax slabs for automobiles: Small vehicles get relief while SUVs face higher levyThe GST Council has announced a restructuring of tax rates for the automobile sector, effective September 22, 2025. Mass mobility vehicles ...
GST panel calls for steep levies on luxury EVs in blow for Tesla, BMWGST Council panel has suggested significant consumer levy increases on luxury electric vehicles priced above $46,000, potentially impacting...
A tax cut with unintended impact for India’s EV momentumA proposed GST recast in India, aiming to boost the small car market by lowering taxes on ICE vehicles, could inadvertently hinder the grow...
Bad news for hybrid car buyers, good for EV sector: GST Council may not give tax relief for hybrid cars in next meetingThe govt may not discuss tax concessions for hybrid cars in the next GST Council meeting, affecting companies like Maruti Suzuki and benefi...
Planning to buy electric car? What Budget 2023 can offer as income tax benefitsThere is a thrust from the govt to push electric vehicles to the common man. Many auto mobile companies are planning to launch electric veh...
Hybrid models set to pinch your pockets in GST regimeAs per new GST rates, the cumulative duty on hybrid cars went up to 43% against the approximate 30% (cumulative) duty mandated in the curre...