Luxury carmaker BMW calls for green tax to boost net zero efforts
October 05, 2024
|The New Indian Express
AMID talks about increasing GST on electric vehicles - all EVs including luxe ones currently attract a flat 5% - the country's largest luxury EV car-maker BMW has called for a green tax/GST, which typically levies lesser tax on a product that's greener than others.
BMW India on Friday announced their highest-ever sales in 17 years for the nine months of the year at 10,556 units, which includes the parent BMW cars and Mini labelled car), clocking a 10% growth over same period in 2023. Of the 10,556 cars it sold, as many as 750 are EVS-BMW has seven all-electric cars (5 BMWs and 2 Minis; all imported) and two Motorrad bikes which are imported.
هذه القصة من طبعة October 05, 2024 من The New Indian Express.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express
The New Indian Express
Another FTA in bag with duty-free Oman access to 99% exports
AT a time when the country is diversifying its export market amid steep, unilateral trade tariffs levied by the US, India and Oman on Thursday signed a Comprehensive Economic Partnership Agreement (CEPA) under which 99% of Indian exports, by value, will have duty-free access to the Omani market.
1 min
December 19, 2025
The New Indian Express
IIM & Scalar to blend traditional business edu with AI
The Indian Institute of Management (IIM), Tiruchirappalli, has tied up with edtech firm Scaler to develop management programmes that blend traditional business education with practical exposure to technology and artificial intelligence.
1 min
December 19, 2025
The New Indian Express
TN boosts marine patrol as turtle deaths touch 50
11-man elite force, comprising trained members of fishing community, deployed to monitor waters up to five nautical miles from the coast
2 mins
December 19, 2025
The New Indian Express
Deepathoon dispute: HC bench reserves judgment
AG says state doesn't want to take specific stand on pillar's identity
2 mins
December 19, 2025
The New Indian Express
Retain MGNREGA, incorporate provisions of VB-G RAM G after consulting states: CM to PM
Stalin, in a letter, said 5 key changes proposed in new Bill will alter fundamental rights-based nature of MGNREGA
2 mins
December 19, 2025
The New Indian Express
Free laptops for TN college students likely from January 5
THE Tamil Nadu government's free laptop distribution scheme is likely to be launched on January 5, with beneficiaries already identified for the first phase of implementation.
2 mins
December 19, 2025
The New Indian Express
Torn papers fly as G-Ram-G bill replacing Mahatma approved
PARLIAMENT on Thursday passed the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill amid chaotic scenes in the Lok Sabha, with the Opposition raising slogans, tearing copies of the legislation, and standing on tables while holding posters of Mahatma Gandhi aloft, despite repeated appeals for order by Speaker Om Birla.
1 mins
December 19, 2025
The New Indian Express
CRISIS LOOMS AS US TARIFFS CRIPPLE TN EXPORTS: CM
WARNING of a looming humanitarian and economic crisis due to the impact of the 50% tariff on Indian exports imposed by the United States, Chief Minister MK Stalin has written a letter to Prime Minister Narendra Modi seeking his urgent intervention to resolve the issue.
1 min
December 19, 2025
The New Indian Express
House clears nuclear energy bill
Centre's push to privatise nuclear energy without 'adequate safeguards' sparks huge uproar
1 min
December 19, 2025
The New Indian Express
Plea on enhancing quality of packaged drinking water: Luxury litigation, says SC
THE Supreme Court on Thursday declined to entertain a PIL seeking enforcement of global standards for packaged drinking water, terming it as a fit case of 'luxury litigation' in a country where a large populace lacks access to basic drinking water.
1 min
December 19, 2025
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