Tag: automobile

  • Government will not impose additional tax of 10 percent on diesel cars

    The central government is not considering the proposal to impose additional Goods and Services Tax (GST) of 10 percent on diesel cars. Road Transport and Highways Minister Nitin Gadkari has given this information. A large number of diesel-powered vehicles are used in the country. However, a news agency report on Tuesday quoted Gadkari as saying that a proposal to impose additional 10 percent GST on diesel vehicles will be given to the Finance Minister. After this, Gadkari gave a clarification on X (earlier Twitter) saying that the government is not considering any such proposal. According to this report, the proposal to impose additional tax on diesel vehicles will be given to the Finance Minister by Gadkari. Its objective was to stop automobile companies from manufacturing and selling diesel engine vehicles. Gadkari had said that if the automobile industry does not stop making diesel cars, the government will increase the tax so much that it will become difficult to sell diesel vehicles. Gadkari has said in clarification regarding this that the government is not considering any such proposal. He said, “There is an immediate need to clarify media reports regarding additional 10 percent GST on the sale of diesel vehicles. It is important to clarify that the government is not considering any such proposal. Our carbon net by 2070 “With the commitment to achieve zero and reduce air pollution caused by harmful fuels like diesel, it is necessary to use environment friendly alternative fuels. These fuels should be import substitutes, low cost, indigenous and pollution free.” In the report regarding imposition of additional tax on diesel vehicles, Gadkari was quoted as saying that diesel is a harmful fuel and the country imports it in large quantities. The automobile industry should reduce its production of diesel engines. If this does not happen then the government will be forced to increase the tax on diesel vehicles. Gadkari had recently launched a car that runs completely on ethanol. In many other countries too, emphasis is being laid on vehicles running on alternative fuels.

  • Heavy discounts on Maruti Suzuki cars in September before the festive season

    The country’s largest car maker Maruti Suzuki has offered huge discounts on its cars sold through Arena dealerships in September. A discount of up to Rs 60,000 is being given on eight models of the company. Recently, Maruti’s Arena dealerships had crossed the sales of 70 lakh cars. The benefits offered by the company include cash discount, corporate discount and exchange bonus. A cash discount of Rs 35,000 and exchange bonus of up to Rs 20,000 can be availed on WagonR, one of Maruti’s best-selling cars. Along with this, a corporate discount of Rs 4,000 is being given by the company. Its CNG variant is getting a discount of Rs 54,000 including a cash discount of Rs 30,000. On purchasing Maruti Swift hatchback, you are getting cash benefit of Rs 35,000 and exchange bonus of Rs 20,000. Apart from this, corporate discount of Rs 5,000 can also be availed. Benefits of up to Rs 54,000 are available on the company’s small car Alto K10. These especially include a cash discount of Rs 35,000, exchange bonus of Rs 15,000 and a corporate discount of Rs 4,000 on its petrol manual variant. A cash discount of Rs 20,000 is available on its petrol automatic and CNG variants. Maruti’s other models like Celerio, Dzire, Ertiga and Eeco are being given discounts ranging from Rs 20,000 to Rs 59,000. Recently, Maruti had said that it expects the sales of passenger vehicles to be more than 10 lakh units in this festive season. Shashank Srivastava, senior executive officer of the company, had said that usually the festive season generates 22-26 percent of the total sales in a year. He had told, “The total sales of passenger vehicles in this financial year are estimated to be around 40 lakh units. Sales in the festive season may be around 10 lakh units.” Sales in the automobile industry have been strong this year and are expected to continue in the coming months. Maruti has about 43 percent share in the passenger vehicles segment.