News
Karnataka ends EV tax exemptions: New lifetime charges to hit all electric car buyers
6+ hour, 18+ min ago (564+ words) Electric Vehicles, Karnataka News, Recent Tax News The Karnataka government introduced a lifetime tax on all electric four-wheelers in the state, ending earlier exemptions. This is part of efforts to collect an additional Rs 250 crore in motor vehicle taxes this…...
AIDA seeks GST cut on flex-fuel vehicles, expansion of ethanol dispensing infrastructure
1+ mon, 3+ week ago (747+ words) GST Recent News - 2026 India's distillery industry has urged the government to cut goods and services tax (GST) on flex-fuel vehicles to boost'ethanol consumption, as the country faces a surplus of ethanol after achieving its 20 per cent blending target well ahead…...
Customs duty cut on imported cars to help expand luxury car segment: BMW India
2+ mon, 1+ week ago (483+ words) Customs News, Auto sector News Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury car segment in India, which currently remains minuscule, BMW Group India President and CEO said…...
Union Budget 2026: Skoda Auto Volkswagen says GST continuity, EV push key for auto sector growth
2+ mon, 1+ week ago (607+ words) GST Recent News - 2026, Auto sector News, Union Budget 2026-27 Policy continuity, infrastructure growth and a stronger electric vehicle ecosystem in the upcoming Union Budget will be critical for sustaining momentum in the automotive sector, according to Skoda Auto Volkswagen India MD…...
Budget 2026-27: Auto industry eyes EV incentives, GST clarity after strong GST 2.0-led recovery
2+ mon, 1+ week ago (218+ words) Union Budget 2026-27, Auto sector News, GST Recent News - 2026 After GST 2.0 tax rate rationalisation, India's automobile industry reported a strong performance during the October'December 2025 quarter, supported by improved affordability, a pickup in rural demand and sustained festive momentum. With volumes recovering…...
BMW urges government to retain 5% GST on EVs, warns hike could hurt adoption
2+ mon, 3+ week ago (918+ words) GST Recent News - 2026 German luxury car maker BMW on Thursday pitched for retaining the current 5 per cent GST (Goods and Services Tax) on EVs in the forthcoming Union Budget, saying any further hike may be detrimental for the industry. Its…...