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Proposed GST rate tweaks on automobiles to end classification disputes

Proposed GST rate tweaks on automobiles to end classification disputes

by AIP Online Bureau | Aug 17, 2025 | Eco/Invest/Demography, Indian News, Policy

Presently, the total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs. Sources said, as per the Centre’s proposal for moving the GST system to a two-tier rate structure of 5 and 18...
Automobile sales up almost 3 % in April, CV sales fall, says Fada

Automobile sales up almost 3 % in April, CV sales fall, says Fada

by AIP Online Bureau | May 5, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy

FADA President C. S. Vigneshwar attributed April sales to pull back in market and pause in tariff by US. “With the tariff war paused, stock markets staged a sharp pullback–alleviating investor concerns–and customers thus leveraged Chaitra Navratri, Akshay Tritiya,...
Govt directs Automobiles, Consumer Durables sectors to provide detailed info on warranty, service centres

Govt directs Automobiles, Consumer Durables sectors to provide detailed info on warranty, service centres

by AIP Online Bureau | Mar 8, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

Rohit Kumar Singh, Consumer Affairs Secretary To address the new as well as emerging concerns affecting consumers regarding the repair of their products, Consumer Affairs Secretary Rohit Kumar Singh held a meeting with the major stakeholders of four sectors —...

Automobile retail sales see double-digit growth in Feb on robust demand

by AIP Online Bureau | Mar 6, 2023 | Data, Eco/Invest/Demography, Non-Life

Total commercial vehicle retail sales in February grew 17 per cent to 79,027 units, as compared to 67,391 units in the same month last year. New Delhi: Automobile retail sales in India witnessed a double-digit year-on-year growth in February driven by robust sales...
Indian automobiles to be accorded Star Ratings based on their performance in Crash Tests: Gadkari

Indian automobiles to be accorded Star Ratings based on their performance in Crash Tests: Gadkari

by AIP Online Bureau | Jun 24, 2022 | Indian News, Non-Life, Policy, Technology

Nitin Gadkari,Union Minister for Road Transport and Highways In a series of tweets, Union Minister for Road Transport and Highways Nitin Gadkari said Bharat-NCAP will serve as a consumer-centric platform allowing customers to opt for safer cars based upon their...

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