Sponsored
UK trade deal slashes India's import duty on luxury cars, but liberalisation in EVs to take time
Posted
India is set to lower import duties on cars from the UK under a new trade agreement. Customs charges could decrease significantly, benefiting luxury brands. However, the government will postpone duty cuts for electric and green vehicles to protect domestic manufacturers. The reduced tariffs will apply to a limited number of petrol and diesel cars, with quotas in place. Analysts anticipate similar demands from other countries following this initial concession.
Search
Categories
- National
- International
- Business
- Technology
- Health
- Education
- Sports
- Entertainment
- Travel
- Environment
- Science
- Law
- Agriculture
- Real Estate
- Opinion
- Religion
- Weather
- Automotive
- Social Issues
- Culture
- Sci-Fi & Future
Read More
Mosquito killing pill, Ivermectin drops malaria by 26%: Study
BARCELONA: A groundbreaking study has revealed that the mass administration of ivermectin–a...
IND vs ENG | Weather Updates: Will rain save India or complicate their fightback?
Team India faces a tense final day in the fourth Test against England at Old Trafford, trailing...
SRK on his silent struggles: I cry a lot in bathroom
Shah Rukh Khan, during a recent summit in Dubai, shared his approach to handling failure,...
Anushka’s performance in Chakda Xpress is her best yet
Dibyendu Bhattacharya expresses his eagerness for the release of 'Chakda Xpress,' praising...