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VEHICLE SALE TAXATION
ETMarkets Smart Talk | Why some NRIs pay zero tax on mutual fund gains in India: Sreepriya NS of Entrust Family Office explainsNRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certa...- Hero MotoCorp sees commuter bike demand rebound, plans Rs 3,200 crore expansionHero MotoCorp sees a strong revival in commuter motorcycle demand, signaling improved consumption among entry-level buyers. The company is ...
- NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle fundsZerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO i...
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
- Tata Motors to slash car prices by up to Rs 1.45 lakh from September 22 under GST 2.0Tata Motors announced a price reduction of up to Rs 1.45 lakh across its passenger vehicle range, effective September 22, due to the newly ...
- GST relief on cars, but dealers stare at Rs 2,500 cr hitGST reforms have lowered car, SUV and two-wheeler prices, but PV dealers face ₹2,500 cr losses as the compensation cess lapses on Sept 22, ...
- Tax break on buying EV: Will govt bring this interest deduction on buying electric vehicles back in Budget 2025?The push towards a greener future and comparatively lower cost of running and maintenance has led to a surge in the usage of EVs, which has...
- 18 per cent GST on sale of old cars, including EVs, applicable only to registered businessesGST is not applicable when individuals sell old cars to each other. Only businesses involved in buying and selling old vehicles must pay GS...
- Mercedes Benz looks to double India sales over the next three yearsLuxury car sales continue to grow even after the festive period, indicating strong structural demand and giving confidence for higher sales...
- Toyota Kirloskar Motor says will invest Rs 2,000 crore in India in current fiscalToyota Kirloskar Motor (TKM) Vice Chairman Vikram Kirloskar told ET, “First of all, let me say, we feel quite welcome in India. Taxation (o...
- Toyota Kirloskar will not introduce new models from own portfolio in IndiaTKM Vice Chairman Shekar Viswanathan said, “Hybrid are the mainstay of our portfolio. And at 43%, even if people buy, volumes will be very ...
- Renault targets sales of 7000 units of Triber per monthThe vehicle, which will be launched on August 28, can be booked online or through an authorised dealership by paying Rs 11,000, Renault Ind...
- High tax on luxury cars restricting market, preventing local assembly of more models: JLR IndiaSuri said the company has a strong product plan already in place and it continues to bring in new models to the country.
- Need a relook at tax on hybrid vehicles in India: ToyotaTKM currently sells its Camry hybrid priced at Rs 37.50 lakh (ex-showroom Delhi). It is assembled at the company's Bidadi plant in Karnatak...
- Developing petrol engines to counter drop in diesel vehicle demand:M&MWith BS-VI emission norms slated to come into effect from April 1, 2020, prices of both petrol and diesel vehicles are set to go up.
- Favourable taxation structure pre-requisite to launch EVs in India: MercedesGlobally, the company is developing a range of electric vehicles and expects that by 2022, around 20-25 per cent of its total sales worldwi...
- Supreme Court to hear Karnataka mining industry plea on abolition of SPV tax on July 11The Supreme Court will on July 11 hear a case on imposition of duplicate taxes by the Karnataka government on iron ore mining industry.
- Fitch keeps stable outlook for auto sector on lower costs"In addition, the 23.5 per cent salary hike for government employees will provide a one-time demand boost to all automobile segments."
- Haryana to suffer Rs 1,340 cr loss due to shifting of liquor vendsHaryana Excise and Taxation department today said it will suffer financial loss of Rs 1,340 crore because of shifting of liquor vends from ...
- Road Ministry for hike in minimum road tax to 6 per centThe Road Ministry proposed an increase in the minimum road tax charged by states to a uniform 6% of the sales price of a vehicle at a meeti...
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