GST cess on luxury cars increases to 25%, LS gives approval to the bill.

The bill to increase the GST cess on luxury car to 25% (from the original 15%) has been given approval by the Lok Sabha. This bill is expected to increase the funds to the center and the compensation to the states for the revenue loss due to the earlier rollout of the GST. Looking into the steep decline in the prices of the premium cars due to earlier GST rollout in July 2017, which resulted in a revenue drop for the states, the government recommended...

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Petrol is the new Keyword – XUV 500 Petrol Launched @15.49L

A lot of BuZZ has been created for the smog in NCR , the NGT has also swung into action. Looking into the current trends, Mahindra has launched a Petrol version of XUV 500. This new XUV will is only available in automatic transmission and is termed as G AT. The Petrol XUV is powered by 2.2 L, 4 –cylinder mhawk petrol engine that will deliver 138 BHP and 320 Nm of torque. The automatic transmission comes with a 6 speed gearbox with a creep manual and automatic mode option available. The gearbox is said to be sourced from ASIN (Japan). Some...

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Wait Over!!! Much Awaited Ford Ecosport facelift Launched, Base variant @7.39 L INR

The wait is over for the much awaited Ford Ecosport Facelift, the SUV is launched with new features and  all new Dragon (1.5 L Petrol, naturally aspirated) engines developed in India. The TOP spec diesel variant goes up to 10.31 L INR. It is the first major facelift that the Ecosport has received. It has major changes both interior and exterior besides getting a new 1.5 L 3- cylinder petrol engine.                 The biggest change is the exterior with the all...

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