Search Results for 'Union budget'

Union Budget 2013 says SUVs and Imported Cars Get Expensive

Union Budget 2013 says SUVs and Imported Cars Get Expensive

India's finance minister P Chidambaram announced a hike in excise duty on Sports Utility Vehicles (SUVs) from existing 27% to 30% during his 2013 budget speech. However, the hike won't be applicable on the SUVs registered as ta [...]

Posted On : Feb, 28 2013 | Comments : 0

Ford India speaks on Union Budget

Ford India speaks on Union Budget

After the presentation of Union Budget for 2012-13, Michael Boneham, President and Managing Director, Ford India, commented "One of the clear takeaways from the Union Budget 2012-13 is the impetus it will provide to infrastruct [...]

Posted On : Mar, 20 2012 | Comments : 0

Petroleum ministry proposes excise duty on diesel cars at union budget

Petroleum ministry proposes excise duty on diesel cars at un...

Due to petrol price hikes last year, the gap in the prices of petrol and diesel have become wide which has led to the immediate rise in sales for diesel powered vehicles. On the other hand there has also been a furore about the subsidy [...]

Posted On : Jan, 23 2012 | Comments : 0

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