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Union Budget 2019 Latest Videos

Tata Nexon EV Dark Edition, Budget Mein Milegi EV Aur Premium Feel
Tata Nexon EV Dark Edition, Budget Mein Milegi EV Aur Premium Feel
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Tata Curvv: A Coupe SUV in your budget?
Tata Curvv: A Coupe SUV in your budget?
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Union Budget 2022 Highlights | Tata Motors January Sales | Kia Carens Production
Union Budget 2022 Highlights | Tata Motors January Sales | Kia Carens Production
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2019 Isuzu D-Max V-Cross Review | carandbike
2019 Isuzu D-Max V-Cross Review | carandbike
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2019 Porsche Cayenne Coupe First Look | carandbike
2019 Porsche Cayenne Coupe First Look | carandbike
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2019 BS6 TVS Apache RTR 200 4V | carandbike
2019 BS6 TVS Apache RTR 200 4V | carandbike
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2019 BS6 TVS Apache RTR 160 4V | carandbike
2019 BS6 TVS Apache RTR 160 4V | carandbike
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2019 Mercedes-Benz GLC Facelift First Look | carandbike
2019 Mercedes-Benz GLC Facelift First Look | carandbike
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2019 India Made Cars Global NCAP Crash Tests, FCA-Peugeot Merger Confirmed
2019 India Made Cars Global NCAP Crash Tests, FCA-Peugeot Merger Confirmed
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2019 Audi A6, Hyundai Santro Anniversary Edition, Honda Jazz
2019 Audi A6, Hyundai Santro Anniversary Edition, Honda Jazz
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Union Budget 2019 Latest News

Auto experts say that if sales continue to drop further, the industry may a face problem to sustain margins, given the advent of emission and safety norms which require automakers to hike prices. SIAM also says that further decline in sales would affect GST revenue collection as well.
Slowdown In Auto Sales Ahead Of BS6 May Hamper Sales Margins And GST Collection
The NDA 2.0 government made some major announcements for pushing electric mobility in India as part of the Union Budget 2019. While the Indian auto sector did not witness any dramatic changes in tax norms, Finance Minister Nirmala Sitharaman recommended reducing the GST rate on electric vehicles from the current 12 per cent to five per cent in a bid to push the sale of EVs in the country. In addition, there will be an income tax deduction of Rs. 1.5 lakh on the interest paid on the loans taken to purchase electric vehicles. The push for EV purchase is expected to boost sales for the alternate fuelled vehicles, which has been a major agenda for the government since the previous term.
Budget 2019: Electric Vehicles To Get More Affordable
The industry has welcomed the sops for the electric vehicle segment, but is disappointed that no measures were announced for the overall industry which is going through a slowdown.
Union Budget 2019: Auto Industry Disappointed With Budget, But Welcomes EV Support
The electric vehicle segment in the Indian auto sector has welcomed the announcements to give tax incentives on loans for EVs, as well as GST reduction on electric vehicles.
Budget 2019: Electric Two-Wheeler Manufacturers Welcome Announcements
The Finance Minister raised special additional excise duty and road cess on petrol and diesel by Re 1 per litre each, saying lower crude oil prices provide her with an opportunity to review taxes on the sector.
Union Budget 2019: Petrol, Diesel To Be Costlier Thanks To Additional Excise And Road Cess Charges
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