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TAX REDUCTION FOR CARS
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...- Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...
- 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...
- 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...
- China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
- Psychology says adults who keep the gas tank perpetually above half aren't overcautious; their body learned in childhood that running low meant something bad was coming, and topping it up is a promise they still keepMany people exhibit safety behaviors, such as always filling their car's gas tank. This habit stems from past scarcity and anxiety, not cur...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- Maruti cars could cost Rs 30,000 more soon. Here's whyMaruti Suzuki announced a price increase of up to Rs 30,000 across its vehicle range, effective June 2026. This decision stems from sustain...
- Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
- China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
- India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
- UK exports to US slump as tariffs bite: Official dataBritish exports to the United States have fallen significantly following the imposition of US tariffs. The value of goods exported to the U...
- Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
- Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
- Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
- Delhi EV policy 2026: From subsidies and scrapping incentives to tax exemptions, all you need to knowDelhi is accelerating its electric vehicle adoption with new incentives, including purchase subsidies and scrapping benefits for two-wheele...
- Small cars may get cheaper by 8% if GST reduced from current rate: HSBC ReportCar prices in India, especially for small cars, could drop by up to 8% if the government reduces the GST rate from 28% to 18%, according to...
- Electric car owners will have to pay taxes from 2025, announces Jeremy HuntElectric car owners will have to pay road taxes from 2025 in the UK. Some fear that the move could reduce EV sales, while other groups beli...
- 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...
- Reduction in tax rate on the highly priced premium cars was unexpected: Satya Poddar, EY"The passage of the increase in the tax rates for the GST is very simple. It requires only simple majority in parliament and that should no...
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