The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has granted relief to Toyota Kirloskar Motor on transfer pricing adjustment relating to royalty payments made to Toyota Motor Corporation, Japan, and Toyota Motor Asia Pacific, Singapore. However, in a verdict last month, the appellate body dis- missed Toyota Kirloskar’s appeal against the payment of dividend distribution tax (DDT) using the[Read More…]
Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions Tata Motors, in a strategic move, has inked a Memorandum of Understanding (MoU) with Bandhan Bank to facilitate convenient financing solutions tailored for its commercial vehicle clientele. This collaboration entails Bandhan Bank extending financing options across Tata Motors’ entire commercial vehicle portfolio. Leveraging the bank’s expansive[Read More…]
Since the project's inception in 2014, 10,000 daughters of truck drivers have received scholarships, marking a unique milestone in the industry Scholarships worth Rs. 10,000/- were awarded to meritorious applicants (Truck Driver’s Daughters) This if for daughters who have studied and passed the 10 th standard and are pursuing further education in FY23-24 The reach out[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
SIAM Highlights India’s Biofuel Push at 2025 Conference 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
