GST: 3 Reasons Why the Tale Might Turn Sour!

Goods and Service Tax. GST. A lot has been written about the tax scheme. In case of the automotive industry it has mostly been in favour. Well who wouldn’t like the idea of a simple tax regime which is applied once where the product is actually sold. The older system, which comprised of (if i … Read more

The Govt is Not Happy with NGT’s Ruling; Believes it is Against Motor Vehicle Act

Article 21 of the Indian Constitution gives citizens the right to a healthy environment. To make this a reality, the Government of India established the National Green Tribunal (NGT) in 2010. 6 years down the line, the court has become a pain in the neck for the creators. A bitter war has been going on … Read more

General Motors Delays $1 billion Funding for India Indefinitely

General Motors is having a tough time in India. Last year they announced new investment plans in tune of 1 billion US dollars to develop new products for the country and increasing its export capabilities. However, a report in Financial Express says that the funding has been delayed indefinitely. The report adds that the reason … Read more

NGT Ban on 10 Year Old Diesel Vehicles in Delhi: The Mess set to Get Sour!

The National Green Tribunal has recently directed the RTO in New Delhi to de-register 10 year old diesel vehicles with immediate effect. This is reportedly being done to address the growing pollution issue in the national capital which has become a hot topic for people to debate on. Earlier, the NGT had tried to ban … Read more

Four Wheeler Industry: Performance Analysis and Future Problems

The auto industry in the financial year so far had a balanced first quarter. Things do seem calm for now but is it the lull before a storm? Hope though has not been lost. The industry wizards have high expectations from the forthcoming months thanks to the announcement of the seventh pay commission and possibility … Read more