Luxury cars attract 28% GST plus up to 22% Compensation Cess, pushing the tax burden near 50%. The analysis explains whether this structure is justified as fiscal policy or risks becoming economically ...
India’s new tax rules cut levies for luxury cars but hike them for 350cc+ motorcycles: good news for the rich, but tough for riders who rely on big bikes daily. Luxury goods have always carried a ...
Dreaming of that premium German car? Before you sign the dotted line, discover the hidden financial realities beyond the showroom floor.
Mercedes-Benz India is banking on premiumisation to drive its next phase of growth, with top-end vehicles accounting for 25 per cent of sales compared with 15 per cent globally, Santhosh Iyer, ...
Luxury MPVs priced above Rs 60 lakh are emerging as one of India’s fastest-growing premium car segments. Sales in the category have surged from 493 units in 2020 to 2,485 units in 2025, outpacing ...
NEW DELHI, Sept 2 (Reuters) - An Indian tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact ...
EV adoption in India, the world’s most populous nation, has been slower than policymakers anticipated, but the country’s Supreme Court now believes it may have found a new lever to accelerate change.
Modern luxury cars quietly rely on artificial intelligence to improve safety, comfort, and convenience without drawing ...
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