Car Owners May Not Get Subsidised Diesel + “Special Tax” on Diesel Cars

[EnfieldRyder]

Re: Car Owners May Not Get Subsidised Diesel

Diesel Tax on ALL CARS proposed by Jaipal Reddy - TOI

I have gone through the above link & its pretty ridiculous the kind of calculations the Petroleum Minister has come up with. It seems imminent that duty on Diesel cars will go up by 1.5 lakhs be it a hatch back or a gas guzzling SUV. This will ofcourse be opposed tooth & nail by the industry. If anyone wants to buy diesel car do it now

 

[tornado78]

Re: Car Owners May Not Get Subsidised Diesel

Diesel Tax on ALL CARS proposed by Jaipal Reddy - TOI

I have gone through the above link & its pretty ridiculous the kind of calculations the Petroleum Minister has come up with. It seems imminent that duty on Diesel cars will go up by 1.5 lakhs be it a hatch back or a gas guzzling SUV. This will ofcourse be opposed tooth & nail by the industry. If anyone wants to buy diesel car do it now

There will be no increase or extra taxes on Diesel cars soon. IMO last month has seen a very lame increase in car sales so just to push the sales Mr Minister has given this statement and reports.

 

[adityajayant]

Diesel Cars to become expensive by upto 2.5Lakhs?

NEW DELHI: If the government accepts oil minister S Jaipal Reddy's proposal, the price of small diesel cars could soon rise by Rs 1.7 lakh while medium-to-large guzzlers could become costlier by Rs 2.55 lakh a piece.

Article Source: TOI and ET

Sounds atrocious!!

Note to Mods: Not sure if similar thread exists. Please merge if necessary

 

[visran]

Re: Diesel Cars to become expensive by upto 2.5Lakhs?

That's a huge downer, The automobile sales are slowing down and to top it off this news, tough times ahead for auto maker's.

 

[vaibhav]

Re: Car Owners May Not Get Subsidised Diesel

Fin Min not in favour of excise duty hike on diesel cars - CNBC-TV18 -

 

[EnfieldRyder]

Re: Car Owners May Not Get Subsidised Diesel

@Vaibhav if that news is to be believed then I would surely kiss him & present a bouquet of flowers to him lol. If at all the Govt. doesn't hike any more things then I can surely on my way buying my car this year hopefully. The news of hike in excise duty on cars to the tune of 1.70 lakhs on hatches made me feel like the Bhopal shatabdi was running in my heart!

 

[vaibhav]

Re: Car Owners May Not Get Subsidised Diesel

Enfield me too bhai this news has calmed me down a lot

 

[visran]

Re: Car Owners May Not Get Subsidised Diesel

Fin Min not in favour of excise duty hike on diesel cars - CNBC-TV18 -

That's a major relief for our OEM's and also for people who are in the market to buy diesel car's.

 

[S Class]

Re: Car Owners May Not Get Subsidised Diesel

Fin Min not in favour of excise duty hike on diesel cars - CNBC-TV18 -

Thank god. Was waiting something like this, else I would have got hit.

 

[anilntny]

Additional “special tax” for DIESEL CARS

additional “special tax” of 1.7 lakh rupees on small diesel cars and 2.55 lakh rupees on medium and large diesel models to stabilize the ratio between petrol and diesel cars
Source: economic times
What an Idea

 

[dhruvpandit]

Re: Additional “special tax” for DIESEL CARS

is it implemented??

or just a planning ??

 

[allhyundaicars]

Re: Additional “special tax” for DIESEL CARS

is it implemented??

or just a planning ??

just a planning. its not that easy to implement.

Govt may slap Rs 1.7 lakh tax on small diesel vehicles - Economic Times

No extra tax on diesel cars without nodal ministry's nod: SIAM - The Economic Times

 

[vaibhav]

Re: Car Owners May Not Get Subsidised Diesel

Jaipal Reddy's diesel tax proposal 'highly flawed': Praful Patel - The Economic Times

 

[Raja]

Excise Duty On Diesel Cars Under Reconsideration again

NEW DELHI: The government is examining proposals to increase excise duty on diesel cars, Parliament was informed today.

In a written reply to a question in Rajya Sabha on whether the government is contemplating to increase excise duty on diesel cars, Minister of State Finance, S S Palanimanickam said: "Representations have been received by the government for increasing excise duty on diesel cars. These are under examination".



He further said: "The requests have been justified on the ground that diesel cars are more polluting and consume subsidised diesel providing unintended benefit to diesel car users".

The minister, quoting Society of Indian Automobile Manufacturers (SIAM) said the total number of petrol and diesel cars together sold in the domestic market in 2009-10, 2010-11, 2011-12 was 15.28 lakh, 19.73 lakh and 20.16 lakh respectively.
Source-http://articles.economictimes.indiatimes.com/2012-08-17/news/33249918_1_excise-duty-diesel-cars-subsidised-diesel

 

[EnfieldRyder]

Re: Excise Duty On Diesel Cars Under Reconsideration again

As usual the numbers presented to the Govt. are inflated which are far removed from the reality. Lets hope things don't get more worse that we all have to cough up more for even step into our cars let alone drive them