Cars, SUVs and motorbikes get cheaper as GST kicks in

News Network
July 1, 2017

New Delhi, Jul 1: Prices of popular cars and motorcycles & scooters come down from Saturday as the GST regime kicks in, even though hybrids and bigger bikes with engines above 350cc become dearer.cars 2

The GST rates will bring in tax parity across the country and will lead to a regime of 'one nation, one tax', say auto makers. One of the biggest benefit will be flowing in for people living in Mumbai where the Octroi will be subsumed in the new GST rate.

While companies will be announcing the new prices from Saturday, some will keep them a secret going up till Monday as they make changes to their internal software and pricing mechanims to factor in GST, which will also have an impact across the manufacturing and supply value-chain, including parts-providers and margins of dealers.

"There will be no billing from dealerships on Saturday and Sunday and commercial transactions will not be carried out," said Y S Guleria, senior VP, sales & marketing at Honda Motorcylce and Scooter India. "However, bookings will remain open."

Larger SUVs and sedans will see the maximum price cut while smaller cars will also be marginally cheaper. For example, the Mercedes GLS350 SUV will be cheaper by Rs 3 lakh, while Hyundai's popular Creta is expected to see a drop between Rs 40,000 and Rs 60,000.

On the other hand, small car Grand i10 will be cheaper by Rs 3,000 to Rs 14,000, the maximum cut happening in Mumbai for the diesel variant, officials said.

"The final prices are still being worked out, but we have already assured customers that even if they buy in the pre-GST regime, the prices will be protected. Any change in prices, if it works in the customer's favour, will be adequately taken care off," a Hyundai official said.

Maruti officials also said that prices will come down, but said that these are still being worked out. "There are different tax rates across various states currently, and the final calculations are being carried out now. We should be able to come out with the final prices by Saturday," an official said.

Toyota India said that price of the Fortuner SUV will come down by Rs 2.1 lakh on account of lower GST rates. On the other hand, the Innova multi-purpose will be cheaper by Rs 90,000. "We will be passing on the price benefit to the market. However, on the Camry hybrid, the price will go up," N Raja, sales & marketing director at Toyota India, said.

Prices of Hero Moto's bikes and scooters are likely to go down by 5% to factor in the lower duty. Close competitor Honda Motorcycle and Scooter India (HMSI) will also cut prices, with the popular Activa scooter likely to get cheaper by Rs 3,400.

However, bikes over 350cc will become expensive with models from companies such as Royal Enfield, Triumph, Harley-Davidson and Ducati getting dearer.

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News Network
June 3,2020

Mangaluru, Jun 3: Mangaluru MLA and former minister U T Khader has urged the state government and Dakshina Kannada district administration to take steps to facilitate the return of Indians stranded in foreign countries amid covid lockdown.

A delegation comprising Mr Khader, DCC President K Harish Kumar, and MLC Ivan D’Souza met District In-charge Minister Kota Srinivas Poojary and submitted a memorandum on Tuesday.

“Kannadigas who are working outside the state are in distress due to the lockdown. More than 50,000 people had uploaded applications on Seva Sindhu portal seeking permission to return to their villagers and are waiting for permission. With the authorities failing to take any decision, they are worried,” said the delegation.

The government should initiate measures to get them back and quarantine them, urged the delegation.

Mr Khader said, “Many workers stranded in foreign countries are eager to return home. The district administration should make arrangements to quarantine those returning from foreign countries and other states.

There are thousands of migrant labourers from Gujarat, Uttar Pradesh, Jharkhand and Bihar stranded in DK. They are waiting to return to their families. The state government should facilitate their return journey, the delegation urged.

MLC Ivan D’Souza said, “Assistance should be provided to private bus staff, beedi workers, tailors, garage labourers and street vendors who are in distress. The price of Covid-19 tests in private laboratories should be reduced.”

The delegation informed that after Wenlock Hospital was converted into the designated COVID-19 hospital, poor patients are facing many inconveniences. A portion of the hospital should be earmarked for treating other patients, they said.

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Agencies
April 15,2020

San Diego, Apr 15: Several people lost their sense of smell or taste weeks ago globally and are still waiting for it to come back and now, researchers have identified an association between sensory loss and novel coronavirus 2019 (COVID-19) infection, indicating that loss of smell and taste may be considered as early symptoms of the deadly disease.

Interestingly, the study also found that persons who reported experiencing a sore throat more often tested negative for COVID-19.

The team from University of California-San Diego found high prevalence and unique presentation of certain sensory impairments in patients positive with COVID-19.

Of those who reported a loss of smell and taste, the loss was typically profound, not mild.

"Based on our study, if you have smell and taste loss, you are more than 10 times more likely to have COVID-19 infection than other causes of infection. The most common first sign of a COVID-19 infection remains fever, but fatigue and loss of smell and taste follow as other very common initial symptoms," explained study researcher Carol Yan from UC San Diego.

"We know COVID-19 is an extremely contagious virus. This study supports the need to be aware of smell and taste loss as early signs of COVID-19," Yan added.

For the findings, published in the journal International Forum of Allergy and Rhinology, the research team surveyed 1,480 patients with flu-like symptoms and concerns regarding potential COVID-19 infection who underwent testing at UC San Diego Health from March 3 through March 29, 2020.

Within that total, 102 patients tested positive for the virus and 1,378 tested negatives. The study included responses from 59 COVID-19-positive patients and 203 COVID-19-negative patients.

Encouragingly, the rate of recovery of smell and taste was high and occurred usually within two to four weeks of infection.

"Our study not only showed that the high incidence of smell and taste is specific to COVID-19 infection but we fortunately also found that for the majority of people sensory recovery was generally rapid," said Yan.

"Among the COVID-19 patients with smell loss, more than 70 per cent had reported improvement of smell at the time of the survey and of those who hadn't reported improvement, many had only been diagnosed recently," she added.

Sensory return typically matched the timing of disease recovery.

In an effort to decrease the risk of virus transmission, UC San Diego Health now includes loss of smell and taste as a screening requirement for visitors and staff, as well as a marker for testing patients who may be positive for the virus.

"It is our hope that with these findings other institutions will follow suit and not only list smell and taste loss as a symptom of COVID-19, but use it as a screening measure for the virus across the world," Yan said.

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News Network
April 7,2020

Bengaluru, April 7: Karnataka government on Monday allowed bakeries and related product food units in the state to open and function with minimum staff amid a coronavirus nation-wide lockdown.

A circular issued by Rajendar Kumar Kataria, Secretary to the government said, "The Central government has permitted the functioning of food units engaged in bakery and biscuit, condiments, confectionery and sweet for manufacturing, supply and operating retail outlets with minimum staff/labour."

The circular said these units shall strictly follow the guidelines issued by the Ministry of Health and Family Welfare and Department of Health and Family Welfare, Karnataka government with regard to the preventive measures to be ensured for combating COVID-19.

"It is stated that all employers shall ensure that these units maintain high standard of health, hygiene, sanitation and social distancing. The units shall not permit serving/dining in the premises and only parcel/takeaways are permitted," the circular added.

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