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Toyota to put a stop on expansion in India says tax regime is too complex

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Toyota Kirloskar Motor’s Shekar Viswanathan said that organizations are thinking that its difficult to scale since the administration keeps charges on vehicles and motorbikes so high. He included that correctional assessments debilitate unfamiliar speculation, disintegrate automakers’ edges and make the expense of dispatching new items restrictive.

“On top of that [28%] there can be additional levies, ranging from 1% to as much as 22%, based on a car’s type, length or engine size. The tax on a four-meter long SUV with an engine capacity of more than 1500 cc works out to be as high as 50%. The additional levies are typically imposed on what are considered to be “luxury” goods.”

The droop in the homegrown #automobile part proceeded with unabated in October with the general sectoral off-take plunging 12.76 percent. The information demonstrates that a normal up-tick in deals on the rear of the #festivalseason didn’t emerge.


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PayTM is back on Google Playstore after being removed due to policy violations

Hours after Google eliminated Paytm's primary application from Google's Play Store, the application is at last back and running.

After India now the USA blocked Chinese app WeChat over National Security concerns

The US Commerce Department has reported that it will give a request that will block individuals from downloading the Chinese-claimed social applications...

Google finally gave reason why it had removed PayTM from Playstore

Today again the internet was shocked to see one of India's top payment processing apps PayTM was removed from Google Playstore. As...

Homegrown social app Chingari inks music licensing deal with T-Series

Made-in-India short-video sharing platform Chingari has announced its license agreement with hit machine T-Series, India’s largest music label, for licensing T-Series music...

Tech Breaking News: PayTM app removed from play store, PayTM assures users their money is safe

This something breaking that PayTM has been removed from the Google play store by Google. Sources say that PayTM has been taken...