Latest News on Luxury Cars
Showing of 0 - 10 from 52 results
Luxury Cars - Total results - 52
Feb 24, 2018
PNB scam: ED finds diamond czar Nirav Modi might have imported 10,000 watches for 'business purposes'The imported watches were seized from the 60 plastic containers from several locations connected to diamond czar Nirav Modi
Jan 22, 2018
JLR India head wants 'reasonable' taxes on luxury cars against the current 50%Stating that taxes on luxury vehicles in India are among the highest in the world, JLR India President and Managing Director Rohit Suri said this has restricted volumes growth thereby preventing companies from assembling more models here
Jan 17, 2018
Lexus flagship LS500H launched in India, deliveries from April 2018 onwardsArray
Dec 27, 2017
GST compensation to states: Lok Sabha passes bill for hike in cess on luxury cars to 25%The Bill replaces Ordinance which provided for a hike in GST cess on a range of passenger vehicles from mid-size to hybrid variants and luxury cars to 25 percent
Nov 24, 2017
BMW will invest $ 237 million on battery cell centre over the next four yearsBMW will bundle its battery cell expertise in a new competence centre, the German luxury carmaker said on Friday, adding it would invest 200 million euros ($237 million) in the site over the next four years.
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