Hike in cess on luxury cars to impact growth, say auto companies
The Cabinet on Wednesday approved promulgation of an ordinance to amend the GST compensation law to pave the way for increasing cess on mid and large cars to 25 per cent, from 15 per cent.
Aug 30, 2017, 16:25 PM IST
Passenger vehicle sales to grow 7-9% in 2017: Fitch
Passenger vehicle (PV) sales in India is likely to grow in the range of 7-9 per cent next year on the back of low fuel prices and an accommodative monetary policy stance by the Reserve Bank of India, according to global rating firm Fitch.
Dec 04, 2016, 14:06 PM IST
