Tax Cuts to Boost Festive Season Car Sales: Fada
Mint Kolkata
|September 09, 2025
India's auto sales to consumers are expected to rise during the festive period due to the government's consumption tax rate cuts, a dealers' body said on Monday.
However, the tax moves will lead to buyers deferring purchases as the cuts kick in from 22 September, according to the Federation of Automobile Dealers Association (Fada).
Car sales to customers rose 2.84% year-on-year in August, the dealers' body said, helped by the festive season, which typically begins in that month.
Diese Geschichte stammt aus der September 09, 2025-Ausgabe von Mint Kolkata.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Kolkata
Mint Kolkata
Hot metals are pouring cold water on a fossil-fuel fantasy
Soaring copper and silver prices show that cleantech is winning
3 mins
January 02, 2026
Mint Kolkata
Our Viksit Bharat goal calls for better governance across India
Ambitious growth targets can be met only if governance imperatives are put irreversibly in place. Stop-gap measures won't do
3 mins
January 02, 2026
Mint Kolkata
New Year's plea: Make it safe to walk in Indian cities
In almost every Indian city I have walked through, one thing has been consistently missing: walkable footpaths.
3 mins
January 02, 2026
Mint Kolkata
Russia’s strikes on Odesa aim to cut Ukraine's economic lifeline
A day before President Volodymyr Zelensky made his case for more American support at President Trump ’s Mara-Lago resort over the weekend, Russia slammed another wave of drones into a slice of Ukraine’s own prime beachfront real estate: the Black Sea port of Odesa.
3 mins
January 02, 2026
Mint Kolkata
The Indo-Pacific's balance of power seems back in play
The Indo-Pacific in 2025 was marked by transition and adaptation.
3 mins
January 02, 2026
Mint Kolkata
India should beware the growth of duopolies across its economy
Many markets are dominated by just two players. We must analyse this closely for a policy response
3 mins
January 02, 2026
Mint Kolkata
Cold, fog to persist in North India
The weather department on Thursday warned of colder and foggier days ahead in large parts of North India as winter conditions intensify, further impacting railway and flight operations.
1 mins
January 02, 2026
Mint Kolkata
Saks prepares for bankruptcy after missing debt payment
Saks Global is preparing to file for bankruptcy within days after missing an interest payment on the debt it took on to buy Neiman Marcus, people familiar with the matter.
2 mins
January 02, 2026
Mint Kolkata
The luxury hotel of the future feels just like home
From poolside gelato to a private plunge pool, new hotels of 2026 are raising the bar by keeping things extra personal
3 mins
January 02, 2026
Mint Kolkata
Mirae Asset Venture appoints Puneet Kumar CEO
Mirae Asset Venture Investments (India) has appointed former SteadView Capital managing director Puneet Kumar as the new chief executive officer of its venture capital and private investing business.
1 min
January 02, 2026
Listen
Translate
Change font size

