Tuesday, September 12, 2023

‘Will increase tax so much you’ll find it difficult to sell’, Gadkari warns as he proposes 10% tax on diesel vehicles

India's road transport minister, Nitin Gadkari, is proposing a 10% additional GST on diesel engine vehicles to encourage the use of climate-friendly vehicles. He referred to it as a 'pollution tax' and urged the automobile industry to reduce production of diesel vehicles. Gadkari believes that the industry should focus on transitioning to electric and bio-fuel vehicles

from Auto-Industry-Economic Times https://ift.tt/PNpWY2j

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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