Latest News on Luxury cars
Showing of 0 - 10 from 47 results
Luxury cars - Total results - 47
Oct 23, 2017
GST impact: Toyota Kirloskar halts Camry hybrid production as sales fall a sharp 73%As per the GST Council 's decision, the hybrid models fall under 28 percent tax slab and another 15 percent is also applicable.
Sep 19, 2017
Sushmita Sen appears before court in case involving import of luxury carThe high court had, on 20 July, stayed the warrant issued by the lower court in Chennai against Sushmita Sen
Sep 11, 2017
GST: Higher cess on mid-sized sedans, luxury cars, sport utility vehicles to be effective todayCess on small petrol and diesel cars, hybrid cars and those carrying up to 13 passengers has not been hiked
Aug 31, 2017
GST: Will the hike in cess on luxury cars, SUVs end the twists and turns in tax policy for auto sector?Despite the auto sector crying hoarse, an ordinance has been promulgated by the Cabinet to increase the cess by 10 percent; from 15 percent to 25 percent for luxury cars and SUVs in order to plug any loss of revenue quickly.
Aug 30, 2017
GST: Mercedes-Benz, Audi, JLR say hike in cess on luxury cars to impact growthThe Cabinet on Wednesday approved promulgation of an ordinance to amend the GST compensation law to pave the way for increasing cess on mid and large cars to 25 percent, from 15 percent
Aug 08, 2017
25% cess on luxury cars: Why shed crocodile tears over the rich, govt right in hiking total tax incidenceThe only trouble is, no one is grieving for the rich getting this stick from the government except car makers
Aug 08, 2017
GST cess on cars hiked to 25%: Auto cos lash out, say move against free-market spirit, will hit expansionToyota Kirloskar Motor, Mercedes-Benz, Audi and BMW were unanimous that increase in cess on large, luxury cars and SUVs that had become cheaper after GST rollout would dampen the spirits of the industry across the entire value chain.
Aug 07, 2017
GST: Luxury cars, SUVs may become costlier as Council plans to increase cess to 25% from 15%The carmakers had slashed the prices of their SUVs and luxury cars in response to the reduced tax incidence after the GST rollout
Jul 26, 2017
Tesla Model S regains top spot in Consumer Reports rating after software updateTesla provided an over-the-air update in July to its software on the Model S to include automatic emergency braking (AEB) at highway speeds.
May 26, 2017
German luxury car maker Audi cuts model prices by up to Rs 10 lakh for limited offerAnother German luxury car maker BMW also said it is offering "benefits up to 12 percent" on ex-showroom prices