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Uber Adopts Zero-Commission Model for India Autorickshaw Rides to Weather Competition
Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by local rivals as competition intensifies.
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Ferrari, Porsche Amid 30 High-End Cars Seized In Bengaluru For Tax Evasion
The Transport Department has been working towards tax compliance among luxury vehicle owners in Bengaluru.
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Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
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Businessman's Rs 137 Crore Unaccounted Wealth Seized In IT Raid In Rajasthan
Unaccountedwealthamounting toRs137crorewasseizedby the Income Tax Department during a four-day raid operation at 23 locations in Rajasthan and Mumbai connected to Udaipur-based transport businessman Tikam Singh Rao.
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Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
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Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
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UP Slashes Road Tax On Strong Hybrid, Plug-in Hybrid Electric Cars
Uttar Pradesh waives road tax on hybrid cars to promote eco-friendly transportation, benefiting models like the Maruti Suzuki Grand Vitara and more.
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"Say Bye To Diesel Soon, Otherwise...": Nitin Gadkari Warns Carmakers
In a warning to Indian carmakers, Union Transport Minister Nitin Gadkari today said that the government will have no option but to increase tax on diesel vehicles and make their sales "difficult" if manufacturers do not limit their production.
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After Tesla Proposal, Government Considers Import Tax Cut for Automakers That Manufacture in India
India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.
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Himachal Floods: 11 Passengers Of Punjab Roadways Bus Still Missing, 3 Bodies Recovered In Shimla
The wreckage of the Pepsu Roadways Transport Corporation (PRTC) bus was found 300 meters down from the green tax barrier of the Allo (potato) ground in the middle of the Beas river in Manali on Saturday.
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Tesla Sees Record 466,140 Q2 Vehicle Deliveries Aided by Price Cuts as EV Maker Beats Estimates
Tesla beat analyst expectations in the second quarter, delivering 4,66,140 vehicles despite a difficult market. The nearly half million deliveries represent an 83 percent increase over the same period last year and a 10 percent rise from the previous quarter.
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UP Cabinet Approves Old Vehicle Scrapping Policy, Rebate On Road Tax
The State Transport Minister said that for scrapping 15 years old vehicles the state government would provide a 50 per cent rebate in taxes.
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Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
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Budget 2023: Logistics Industry Expects Roadmap For Sustainable Growth
FedEx Express' Senior Vice-President Middle East Indian Subcontinent and Africa (MEISA) Operations Kami Viswanathan in a statement said, "We recommend the implementation of zero rating of Goods and Services Tax for all international transportation services.
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Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
-
Uber Adopts Zero-Commission Model for India Autorickshaw Rides to Weather Competition
Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by local rivals as competition intensifies.
-
Ferrari, Porsche Amid 30 High-End Cars Seized In Bengaluru For Tax Evasion
The Transport Department has been working towards tax compliance among luxury vehicle owners in Bengaluru.
-
Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
-
Businessman's Rs 137 Crore Unaccounted Wealth Seized In IT Raid In Rajasthan
Unaccountedwealthamounting toRs137crorewasseizedby the Income Tax Department during a four-day raid operation at 23 locations in Rajasthan and Mumbai connected to Udaipur-based transport businessman Tikam Singh Rao.
-
Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
-
Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
-
UP Slashes Road Tax On Strong Hybrid, Plug-in Hybrid Electric Cars
Uttar Pradesh waives road tax on hybrid cars to promote eco-friendly transportation, benefiting models like the Maruti Suzuki Grand Vitara and more.
-
"Say Bye To Diesel Soon, Otherwise...": Nitin Gadkari Warns Carmakers
In a warning to Indian carmakers, Union Transport Minister Nitin Gadkari today said that the government will have no option but to increase tax on diesel vehicles and make their sales "difficult" if manufacturers do not limit their production.
-
After Tesla Proposal, Government Considers Import Tax Cut for Automakers That Manufacture in India
India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.
-
Himachal Floods: 11 Passengers Of Punjab Roadways Bus Still Missing, 3 Bodies Recovered In Shimla
The wreckage of the Pepsu Roadways Transport Corporation (PRTC) bus was found 300 meters down from the green tax barrier of the Allo (potato) ground in the middle of the Beas river in Manali on Saturday.
-
Tesla Sees Record 466,140 Q2 Vehicle Deliveries Aided by Price Cuts as EV Maker Beats Estimates
Tesla beat analyst expectations in the second quarter, delivering 4,66,140 vehicles despite a difficult market. The nearly half million deliveries represent an 83 percent increase over the same period last year and a 10 percent rise from the previous quarter.
-
UP Cabinet Approves Old Vehicle Scrapping Policy, Rebate On Road Tax
The State Transport Minister said that for scrapping 15 years old vehicles the state government would provide a 50 per cent rebate in taxes.
-
Ola Electric to Invest $920 Million in Tamil Nadu to Manufacture Electric Cars, Batteries: Details
Ola Electric on Saturday said it would invest $920 million (roughly Rs. XXX crore) in Tamil Nadu to manufacture electric cars and EV batteries. The investments, to be made through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, will help the company make 140,000 cars annually and hire 3,111 workers in the state, according to O...
-
Budget 2023: Logistics Industry Expects Roadmap For Sustainable Growth
FedEx Express' Senior Vice-President Middle East Indian Subcontinent and Africa (MEISA) Operations Kami Viswanathan in a statement said, "We recommend the implementation of zero rating of Goods and Services Tax for all international transportation services.
-
Hyundai Set to Launch $5.5 Billion US EV Plant as Inflation Reduction Act Dims Sales Outlook
Hyundai on Tuesday will break ground on a new $5.5 billion (roughly Rs. 45,500 crore) electric vehicle (EV) and battery plant in the US, ahead of the company's plans to begin commercial production in the first half of 2025 in the massive plant in Bryan county, west of Savannah. The event comes at a time when South Korea and the European Union are a...
