Whether the profit on sale of a car in personal use for 6 years be taxable under provisions of the Income Tax Act, 1961 PROBLEM 1: Mr. X, a resident individual is maintaining a car for his personal use. He has sold the care after a period of 6 years at a pro...
Porsche, a brand in the automobile sector with strong equity, retains its image and reliability through the use of high quality, unique product materials. Viewed as aluxury brand, Porsche provides owners of its vehicles not only with a high quality car but a memorable experience. Compared to o...
But its profit margin of 13.6%, excluding the sale of regulatory credits was much tighter than recent years. Analysts had forecast a 16.2% margin. The company did say that its plans for more affordable models “remain on track for start of production in the first half of 2025.” And...
Producers of luxury goods and high-end accessories can have a high profit potential despite low sales volume, compared with the makers of lower-end goods. A very costly item, like a high-end car, may not even be manufactured until the customer has ordered it, making it a low-expense proc...
The Shenzhen-based company produced 567,183 vehicles in the first quarter of this year, surging 97.26% year-on-year. Its sales volume was 552,076 units, compared with 286,329 vehicles in the same period last year, a year-on-year increase of 92.81%. Among them, passenger car sales in...
Huawei, they disclosed, recorded a full-year 2021 net profit of 113.7 billion yuan ($17.8 billion), up almost 76 percent year-on-year, on better profitability linked to the sale of certain businesses. Cash reserves have been boosted to better cope with uncertainties. ...
Analystssaidlate last year that they expect Ferrari to be something of an exception among Europe's automotive sector, even as many carmakerscome under pressure from U.S. tariffs. Ferrari, which exclusively produces its cars in Italy, is thought to be well pla...
Perfect Profit Virtual Reality Car Driving Vr Motorcycle Racing SimulatorWhy choose FuninVR's VR Racing Motorcycle? Top speed motorcycle riding is an extreme sport we can never refuse. The roaring engine and fast spinning wheels infill your body passion and fury. Put o...
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The pioneer of cryptocurrency, Bitcoin has endured dramatic highs, crushing lows and relentless evolution. Julie PinkertonFeb. 18, 2025 Best Battery Stocks to Buy Investors should keep tabs on battery stocks that may benefit from persistent EV demand. ...