The government is reviewing a proposal to sharply increase the Goods and Services Tax (GST) on luxury electric vehicles, a move that could impact global carmakers like Tesla and BMW planning to expand their presence in the Indian market.
Officials believe that while EV adoption must be encouraged, luxury models priced at the higher end should not benefit from the same tax advantages as mass-market vehicles. The plan is aimed at striking a balance between promoting sustainable mobility and ensuring revenue generation from high-value purchases.
Industry experts warn that the proposed hike could raise the cost of premium EVs, slowing down demand among elite buyers. However, supporters argue that the focus should remain on making affordable EVs accessible to the broader population, while luxury vehicles contribute more to tax revenue.
Talks are still ongoing, and the final decision is expected after consultations with stakeholders. If implemented, India could join other countries that apply higher tax slabs for luxury cars, regardless of whether they are electric or conventional.
Mukesh Khanna’s call to replace “Jana Gana Mana” with “Vande Mataram” has sparked debate over India’s national symbols and the history behind them.
PM Modi warned against what he called “dimaagi Naxals,” urging their identification and isolation, while the Congress criticised the remarks as politically motivated.
Bomb Threats Reported at Six Locations in Delhi, Security Agencies on High Alert
Supreme Court Grants Major Relief to Samay Raina, All FIRs in ‘India’s Got Latent’ Case Closed
Security Tightened at Red Fort Ahead of Independence Day Celebrations
From winning freedom in 1947 to protecting the values of our Constitution today, the responsibility of building India belongs to all of us.
Delhi High Court Receives Bomb Threat, Security Tightened
Vande Mataram’ Sung in Parliament for the First Time, Marks a Historic Moment
Lok Sabha Adjourned Indefinitely, Monsoon Session Concludes
The Indian tricolour is more than three colours it represents courage, truth, peace, growth and the nation’s journey forward through the Ashoka Chakra.
Two Amrit Bharat Trains to Connect Gorakhpur with Delhi and Mumbai
Dangal Girl Babita Phogat Becomes a Mother, Welcomes Baby Girl on Shivratri
Air India Turbulence: Multiple Lapses Found in Post-Flight Report, 13 Faults Logged in 80 Minutes
Random Drug Tests for Pilots in Focus After AI2379 Cannabis Case
Zepto and Blinkit Under Scanner Over Alleged Food Safety Violations
Iran, Oman and the U.S. are reportedly close to a Strait of Hormuz agreement tha...
.jpeg)
Fresh U.S. airstrikes in Iran reportedly killed 14 people, prompting Iranian ret...
President Donald Trump claimed he is Iran’s “No. 1 target” after security measur...
.jpeg)
Three people were killed in U.S. strikes in western Iran as tensions escalated f...
President Donald Trump said the Iran ceasefire is “over” following fresh U.S. st...
