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Nitin Gadkari, the Union Minister for Roads and Transport in India, on Tuesday hinted at the possibility of imposing a 10% pollution tax on diesel vehicle sales, a proposal aimed at reducing pollution in the country. However, the automobile industry and investors are concerned about the potential impact of such a move. ....
Nitin Gadkari: "Today (Tuesday) evening, I am scheduled to meUnion Finance Minister (Nirmala Sitharaman). I have already drafted a letter where I have proposed an additional 10% GST (on purchase of diesel cars)," Gadkari said yesterday. He proceeded to warn that taxes on diesel may be increased to such an extent that it would become difficult for auto companies to sell the variants. ....
'Say bye to diesel': India warns automakers of higher taxes in pollution fight bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Say goodbye to diesel soon, or high tax prices will prevent car sales: India warns automakers news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.