Disappointed over plug-in hybrids being ignored for incentives in the upcoming GST, German luxury car maker BMW says it will be difficult to popularise green vehicles in India in the absence of government support.
Although the company welcomed the government’s idea of going for all-electric vehicles by 2030, BMW said lack of infrastructure and consumer’s concerns over getting stranded with pure electric vehicles when charge runs out will be major challenges to overcome.
Under the GST rates, tax incidence on hybrid vehicles will go up to 43 per cent from the current level of effective tax rate of 30.3 per cent. Read More…
Credit By: The Times Of India
Latest posts by The Times Of India (see all)
- Mumbai: Railway Clerk Swipes Card For Rs 1.3 Lakh Instead Of Rs 1,333 – August 16, 2017
- Southern Railways Digitises Excess Fare Ticket Details – August 14, 2017
- Oil Prices Dip On Weak Chinese Refining Activity – August 14, 2017