India-European Union: Trade deal with Europe..40 percent tariffs on luxury cars..!
- ABC MEDIUM
- ABC LARGE
- ABC EXTRA LARGE
Internet Desk: India-European Union Free Trade Agreement is likely to be finalized soon. The deal, which is under negotiation, seems to contain key proposals related to tariffs on luxury cars. It seems that India will reduce the tariffs on those cars imported from the European Union. It is reported that the central government has agreed to reduce the tariffs which are currently 110 percent to 40 percent.
International media reports have revealed that this flexibility will be provided to those whose price is more than 15 thousand euros. It is said that the tariffs may be reduced further in the coming days. If this reduction is implemented, European companies like Volkswagen, Mercedes-Benz, BMW will be able to trade easily in the Indian market (India Trade Deal With EU). No response was received from the Indian Commerce Department and the European Union Commission on these articles.
- Prices of luxury houses may decrease!
Recently, European Commission President Ursula van der Leyen made interesting comments regarding the trade deal with India. "There is still work to be done towards this agreement. We are moving towards a historic trade deal. Some call it the mother of all deals. This will make it easier for millions of people to export and import goods and services. This is equivalent to 25 percent of the world's GDP,'' said Ursula at Davos. Meanwhile, she is currently on a tour of India and attended the Republic celebrations as the chief guest. It is on this occasion that the trade deal is likely to be finalised.
► Read latest Business Newsand Telugu News► Follow us on Facebook, Twitter, Instagram& Google News. Tags :Note:Business advertisements appearing on Eenadu.net are different It comes from businessmen and organizations in countries. Some ads are sent with artificial intelligence based on the reader's preferences. Readers should exercise due care and make appropriate inquiries about products or services before purchasing. The respective products/ OWNER TODAY IS NOT RESPONSIBLE FOR THE QUALITY OR FAILURES OF THE SERVICES. Correspondence has no place in this matter.
More
- Learn AI tools for employment Tech industry giants offer reassuring advice to software workers worried about job losses due to artificial intelligence (AI). He said, 'Keep calm, improve your skills.'
- Rs. 40 lakh crore cash in circulation. Even as the digital payments revolution continues in the country, the use of cash in the hands of the people is increasing at the same rate.
- Rs 36 lakh crore opportunities for our agriculture sector 400 b to the Indian agriculture sector due to the trade agreements signed with the US and the European Union (EU). A senior official of the central government stated that opportunities of dollars (about Rs. 36 lakh crore) will be available. The stock market ended with gains on Monday due to the performance of power, banking and financial sector shares. Due to the effect of US-Iran talks, the positive movement of international oil prices has strengthened the market sentiment.
- Rs. 215 lakh crore retail market by 2035 According to a report, the market size of our country's Indian retail sector is likely to reach Rs.210-215 lakh crores by 2035. Compared to the level of Rs.90-95 lakh crore in 2025, this value is more than double.
- Wholesale prices have also increased. Inflation based on the Wholesale Price Index (WPI) rose for the third month in a row and was recorded at 1.18 percent in January. The reason for this is that food, non-food products and manufactured goods are dear.
- Rs 5 lakh fine on Snapdeal Delhi court issues notices to 12 firms, including Venugopal Dhoot, for violating the Toys (Quality Control) Order, 2020, for selling toys that do not conform to the certification of the Board of Indian Standards (BIS). Videocon group promoter Venugopal Dhoot, who committed a Rs 61,700 crore bank loan fraud as part of financing the company's oil and gas assets in Mozambique, and a dozen of the group's affiliates, will be brought before the Delhi court..
- Today Tina Ambani before the ED! Former actress Tina Ambani, wife of Reliance Group Chairman Anil Ambani, is likely to appear before the Enforcement Directorate (ED) on Tuesday in connection with the money laundering case.
- Brief News (9) JSW MG Motor India plans to launch 4 new models this year. Among them is a plug-in hybrid SUV.
