Volvo Car India is focused on an all-electric future. Currently, one in four cars sold is an EV. The new GST 2.0 has made mild-hybrid SUVs ...

Luxury electric car sales have seen a dip. Internal combustion engine cars now offer a better total cost of ownership. This trend is more n...

Mercedes-Benz India anticipates a record-breaking festive season due to the recent GST rate reduction. MD and CEO Santosh Iyer highlights t...

India's GST council has streamlined indirect taxes to two slabs, reducing prices on over 400 items. While luxury cars face a 40% 'special s...

The Union finance minister will decide on the date when the new tax rate for these items will be applicable. Currently, such products attra...

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 panel has suggested significant consumer levy increases on luxury electric vehicles priced above $46,000, potentially impacting...

Luxury carmakers in India anticipate a sales boost during the festive season, but uncertainty surrounding potential GST rate changes is cau...

India was one of the fastest-growing markets for the Italian car maker in CY2022. Lamborghini - which sells the Urus, Aventador and Huracan...

"Luxury car sales are impacted by high GST rates, import duties and registration taxes, which is limiting the segment to a mere 1.2 per cen...

The carmakers feel a lower Goods & Service Tax (GST) and upper cap on income tax will help create demand for luxury cars.

Luxury car makers have hit out at the move to hike cess on large cars and sports utility vehicles (SUVs) to 25 per cent, saying it was agai...

"We are quite confident that we will go to about 2,000 cars this year and further grow for the next few years. Of course, we have to work h...

The cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.

Unlike multiple taxes levied currently, the new tax structure will see a uniform rate of 28% on cars plus a cess of 1% for small petrol car...

While the exact cess would be decided by the GST council when the rates are finalised, FM said that the states and the Centre had given the...

Maruti Suzuki MD and CEO Kenichi Ayukawa said implementation of Goods and Services Tax (GST) is good for the country but it has to be imple...