 "Tax Waivers Ignite Hybrid Car Revolution in Uttar Pradesh’s Auto Market")
Japanese automakers Toyota and Maruti Suzuki are aggressively promoting hybrid vehicles in Uttar Pradesh, India, following recent tax waivers that make hybrids more attractive for buyers. While hybrids are taxed at 43 percent, just below the 48 percent for gasoline cars, these waivers can lead to significant savings, such as $15,800 on a luxury Toyota ...
 "India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution")
India plans to maintain a five percent tax on electric cars while keeping a high tax of 48 percent on hybrid vehicles for the foreseeable future, according to G20 Sherpa Amitabh Kant. Major car manufacturers like Maruti Suzuki and Toyota have called for lower taxes on hybrids, arguing that electric vehicles alone cannot reduce emissions ...
 "Aviva’s India Unit Under Fire for Alleged Million Tax Evasion Scheme")
British insurer Aviva is under scrutiny in India for alleged tax evasion involving fake invoices and cash payments to sales agents. Reports indicate that between 2017 and 2023, Aviva’s India unit breached local commission regulations, which led to an estimated $5.2 million in unpaid taxes. The Indian tax agency claims that Aviva channeled about $26 ...
President Joe Biden is poised to impose 100% tariffs on Chinese electric vehicles this week as part of ongoing trade negotiations between the two countries. The move is expected to impact the growing Market for EVs and could have far-reaching consequences for both American consumers and the global automotive industry. Stay tuned for updates on ...
Did you know that California is planning to implement a ‘secret’ 50-cent gas tax hike in the next two years? This unexpected increase in gas prices is set to go into effect, causing concern for many residents in the state. Stay tuned for more updates on this developing news story. Click to Claim Latest Airdrop ...
In April, tax revenue in the U.S. surged by 22%, providing a glimmer of hope for the economy. However, the looming deficit still poses a significant challenge. Details on NPR. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post Win Up To 93% Of Your Trades ...
Tax season can be a stressful time for many Americans, and with the deadline for filing taxes in the US being April 15, it’s essential to ensure that your taxes are filed on time to avoid penalties and other financial consequences. If you miss the deadline, you may face a failure-to-file penalty, late payment penalties, ...
