The Union Budget 2016-17 was read out yesterday. Obviously there were a lot of announcements, some of which may have brought a smile to your face and the others may have left you red-faced. But how will it affect the auto industry and what recommendations have been made..we will talk about them in this article. … Read more
With every passing budget in India, general crowd have been on the receiving end the most. As if the raise in excise duty was not enough in the central budget, Maharashtra’s state government has given another blow in the state budget by increasing the excise duty on automobiles. Value Added Tax on Petrol cars has … Read more
Following the increase in excise duty in this year’s budget, every car has announced, has increased or is in the process of announcing a price hike in their lineup. Country’s largest seller Maruti has joined the race by increasing prices of its cars by 1.75 percent. As a result the cars would become dearer by … Read more
As a result of the increased excise duty and raised steel prices, TATA Motors have raised its cars prices by as much as Rs 35,000. The hike in passenger cars like the Nano, Indica, Vista, Manza and Indigo series is in the range of 2,000 to 8,000 whereas for its utility vehicle series which include … Read more
You had planned to buy a car and were possibly waiting for some positive surprises from the budget? You had already booked a car but waiting for its delivery? You have stuck a few pre-budget models at the showroom? In all the above cases it is very much possible to save anywhere from 5000 … Read more