Luxury Cars

Saturday, Apr 20, 2024 | Last Update : 02:08 PM IST

Luxury vehicles currently attract the top GST slab of 28 per cent. (Photo: Audi)

High taxes hampering growth of luxury car segment in India: Audi

Luxury car volumes account for less than 2 per cent of the overall passenger vehicle sales annually

31 Oct 2021 11:38 AM

When luxury kicks off

These luxury cars were once owned by the world’s greatest footballers.

18 Aug 2019 4:22 AM

High taxes on luxury cars in India are understandable but there must be consistency in tax structures and policy as frequent changes hamper market sentiment and business plans, according to a top official of Italian super sports car maker Automobili Lamborghini.

Consistent tax policy needed for long-term biz plan in India: Lamborghini

A consistent policy is needed to help companies make long-term plans and chart out their strategies.

30 Sep 2018 12:23 PM

The Council will hold its 30th meeting through a video-conferencing on Friday. (Representative image: Pixabay)

Cess on luxury cars may go up to help flood-hit Kerala

Kerala welcomes the suggestion of hon’ble FM for a national level cess on selected commodities.

28 Sep 2018 11:59 AM

BMW, India’s second biggest luxury car maker by sales, on Thursday set another record with best ever half-yearly sales and clocking a double digit growth in Asia’s third largest car market.

BMW posts record sales growth

Its sales jumped 13 per cent at 5,171 cars in India during January to June period, up from the same period last year.

08 Jul 2018 6:27 PM

Drive in style!

Give your fancy cars the upgrade they truly deserve — some of the most luxurious car accessories you can dream of.

06 May 2018 5:08 AM

Finance minister Arun Jaitley at the 21st GST Council meet in Hyderabad on Saturday. (Photo: PTI)

GST cess on luxury cars hiked; 30 items cheaper

Computer monitors, oil cakes, dhoop batti, dhoop, plastic raincoats, rubber bands and rice rubber rolls for paddy de-husking will also cost less.

10 Sep 2017 7:08 AM

GST rates altered, cess on luxury cars hiked

SUVs, mid-sized and luxury cars, however, will get costly by 2 to 7 per cent.

10 Sep 2017 2:38 AM

Finance Minister Arun Jaitley. (Photo: PTI)

FinMin says considering auto makers' concern on hike in GST cess

Luxury car makers have hit out at hike in cess on large cars and SUVs to 25 per cent under GST.

07 Sep 2017 1:23 PM

SUvs and luxury cars will cost more as the GST Council has approved a proposal to hike cess on them to 25 per cent, from 15 per cent now. (Representational Image)

SUVs, luxury cars to cost more as GST Council hikes cess to 25 per cent

Small petrol cars of less than 4 metres and 1200 cc are also marked for a cess of 1 per cent.

07 Aug 2017 3:34 PM

Rolls-Royce, Aston Martin offer up to Rs 1 cr discount

Within a span of one year, British pound has dropped 20 per cent against Indian rupee.

22 Apr 2017 2:35 PM

They confessed to their involvement in around 300 cars thefts reported in Delhi-NCR.

Gang of autolifters busted, 4 held

The accused used high-tech devices to defunct engine control module of the vehicles. Each member has expertise in a particular car brand.

05 Apr 2017 3:01 AM

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Shobhaa De

luxury cars