Tag Archives: budget

Budget 2016: What is the impact on Automotive industry

Budget 2016: What is the impact on Automotive industry
However, soon after the temporary ban of sales of large diesel cars in Delhi by the Supreme Court, the new tax represents further disappointment for vehicle manufacturers as they were expecting much more from the Union Budget 2016. … According to …
Read more on Financial Express

Budget 2016: Cars, SUVs, luxury vehicles prices to go up due to new taxes

Budget 2016: Cars, SUVs, luxury vehicles prices to go up due to new taxes
Budget 2016: Cars, SUVs, luxury vehicles prices to go up due to new taxes. Budget 2016: 1 per cent infra cess on small petrol/LPG/CNG cars (till 1200cc), 2.5 per cent tax on sub-4 metre diesel cars till 1500cc. There's an additional 1 percent tax on …
Read more on Financial Express

Budget 2016: Government emphasizes on hybrid and electric vehicles

Budget 2016: Government emphasizes on hybrid and electric vehicles
This year's Union Budget wasn't particularly bright for the luxury cars and SUV makers given the increase in tax for both sectors. But given the drastic increase in vehicular pollution in the country, the government has taken the yet almost non …
Read more on Zigwheels.com

Budget 2016: Car makers to hike prices on infra cess, see lower growth

Budget 2016: Car makers to hike prices on infra cess, see lower growth
The Finance Minister today announced imposition of infrastructure cess of up to 4% on passenger vehicles such as cars, SUVs and luxury cars. Small cars would attract a cess of 1% while a cess of 2.5% is proposed on diesel vehicles. Certain vehicles …
Read more on Business Standard

Budget 2016: Automobile industry wants excise on large cars to be reduced to 20%

Budget 2016: Automobile industry wants excise on large cars to be reduced to 20%
NEW DELHI: Automobile industry body SIAM wants the government to reduce excise duty on large cars and SUVs to 20 per cent from the current rates of up to 30 per cent in the upcoming Budget. Besides, the Society of Indian Automobile Manufacturers …
Read more on Economic Times

Four Sneaky Good SUVs You Can Buy On A Tight Budget In The US

Four Sneaky Good SUVs You Can Buy On A Tight Budget In The US
A crossover would cost you considerably less than $ 30,000 and you can have your choice between over a dozen models in the U.S – both foreign and domestic. You know, your run of the mill Ford Escape, Honda CR-V, Toyota RAV4, Chevrolet Equinox, GMC …
Read more on Carscoops (blog)