Vivo has confirmed that it will soon be launching the X200T in India while also confirming the Flipkart availability for the upcoming sub-flagship. The phone will run on the company's OriginOS 6 based on Android 16 but Vivo hasn't yet shared other key details about the device. However
These simple, grounded habits don't promise overnight success, but they quietly transform your mindset, energy, and confidence over time. Start now, and watch how small daily shifts create lasting peace and freedom. The kind of habits that don't change your life overnight
Returning to Davos after a tumultuous year, President Trump will prioritize domestic issues, aiming to address rising living costs and housing affordability for American voters ahead of midterm elections. While global leaders anticipate discussions on trade, Ukraine, and other international crises
RSS chief Mohan Bhagwat stated that dharma guides India to remain a Vishwaguru. He emphasized that this spiritual knowledge is not found elsewhere in the world. Bhagwat explained that dharma is the driver of the universe and everything operates on this principle
Motorola has confirmed that its new Moto Watch will be launching in India alongside the Motorola Signature flagship during an event on 23rd January at 12 noon. The new watch was introduced by the company at the Consumer Electronics Show in Las Vegas and it seems like the same variant will now be
Rationalise customs duty on imported luxury cars: Mercedes-Benz India CEO
Rationalise customs duty on imported luxury cars: Mercedes-Benz India CEO
A rationalisation of customs duties on imported luxury cars would help stimulate demand in the premium segment, leading to higher overall tax revenue for the government, according to Mercedes-Benz India Managing Director and CEO Santosh Iyer.
Besides, a more stable macroeconomic policy and improved fiscal management to arrest the ongoing decline of the rupee would help luxury car makers, which have been forced to increase prices due to rising input costs that, in turn, have had an impact on demand, Iyer told PTI when asked about expectations in the upcoming Union Budget.
Terming GST 2.0, under which rates were rationalised last year as "a very positive step", he said, "The same should happen for customs duties as well".
At present, imported passenger vehicles priced below $40,000 attract a basic customs duty of 70%, and those priced above $40,000 are taxed at an effective customs duty of 110%.
"This customs duty can be rationalised and brought under one slab...," he noted.
"These cars are not affecting the total mass market. They are operating in a different segment. Only 5-8% of the cars we sell in India are facing customs duty and import duty. So, rationalising it, reducing it will make it simpler and help to grow, help get more taxes and get even better cars on the roads," Iyer added.
Stating that the current rupee depreciation has had an adverse effect, Iyer said, "A more stable macroeconomic policy, if there is a better fiscal management in the Budget that helps the forex movement and arrests the decline of the rupee, can help (improve) our demand".
Due to the adverse impact of rupee depreciation, Mercedes-Benz India would be looking to increase prices of its vehicles by 2 per cent every quarter in 2026, Mr. Iyer had said.
Overall, he said, India's improved intercity travel road infrastructure has driven luxury car demand and developing it further would be helpful for the industry.
"We would ideally like to see that more capex is allocated for roads. That helps for the overall economy and also the luxury car market," Mr. Iyer noted.
Published - January 18, 2026 10:52 am IST
auto trends / taxes and duties
Source: TheHindu
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