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SCRAPPAGE TAX
Car discounts June 2026: Hyundai, Maruti Suzuki and Tata Motors roll out offers worth up to Rs 2.15 LakhMajor automakers like Hyundai, Maruti Suzuki, and Tata Motors are offering significant discounts and benefits on select car models througho...
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
State incentives power India’s EV market growthAs environmental consciousness rises, Indian consumers are increasingly opting for electric vehicles. Favorable state policies are making E...
India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...
Delhi EV registrations rise 29%, petrol vehicles retain dominanceDelhi's electric vehicle registrations surged by 29 percent in 2025-26. Petrol vehicle registrations also increased, showing a mixed market...
About 1.1 mn old medium & heavy CVs offer significant potential for scrappage: ICRAIndia's Vehicle Scrappage Policy targets around 1.1 million commercial vehicles over 15 years old, aiming to boost replacement demand and m...
You can get a discount on your new car, but Gadkari has one conditionUnion Minister of Road Transport and Highways, Nitin Gadkari on Tuesday announced that commercial and passenger vehicle manufacturers have ...
India needs 1,000 scrapping centres, 400 fitness test points: Nitin GadkariUnion Road Transport and Highways Minister Nitin Gadkari announced on Monday that the nation requires a network of 1,000 vehicle scrapping ...
Government to develop 3 vehicle scrapping facilities in every district"In every district, we can open 3 registered vehicle scrapping facilities," he said. PM Modi had launched the National Vehicle Scrappage Po...
Govt plans to provide more tax concessions on vehicles bought after scrapping old ones: Nitin GadkariThe road transport and highways minister said he is also requesting the GST Council to explore what more incentives can be provided under t...
States to offer up to 25% road tax concession for vehicles purchased after scrapping old onesThe ministry in a press note said that in the vehicle scrapping policy, it is proposed to have a system of incentives to nudge vehicle owne...
Auto scrappage policy to accelerate economic growth, boost job creation: Gadkari"The launch of the National Scrappage Policy by the prime minister was a 'historic decision'... It will accelerate economic growth and boos...
Vehicle Scrappage Policy: What is in it for you?Vehicle Scrappage Policy launched by PM Modi recently makes it expensive to rear an old vehicle while providing incentives to buy a new one...
Benefits on buying new vehicles on scrapping of old; taxes, levies for polluting cars: Nitin GadkariThe voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 is touted as a major step to boost the Indian automobile s...
Want to invest in auto sector? Consider Eicher, Tata Motors, CeatThere are enough catalysts for auto companies to shine and we like Eicher, Tata Motors, Ceat from an investment perspective, says Hemang Ja...
Tata Motors, Ashok Leyland pitch for incentive-based scrappage policy to revive CV segmentTata Motors and Ashok Leyland have said a well-defined and financial incentives-based scrappage policy can help create demand in the commer...
Expect auto stocks to pick up speed if FM delivers these goodies in BudgetReduction in import duty on lithium cells could increase affordability of electric vehicles.
Auto sector needs sops to reverse structured degrowth: SIAM presidentRajan Wadhera, President, SIAM points out that in the past also, the government has extended support in 2009 and 2014 at times of degrowth....
Toyota seeks scrappage policy, income tax benefit on purchase of all kinds of vehiclesAdditionally, another thrust area would be to extend the income tax benefits available for electric cars to other vehicles as well, or to e...
Scrappage Policy may not increase demand significantly: CrisilThe much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods ...