Purchasing your first car is an exciting milestone, but it comes with financial responsibilities. Understanding the initial ...

Navigating the decision to purchase a new or used car involves weighing various factors. From understanding the pros and cons ...

Congestion charges are new tolls in New York City. The controversial charges are designed to reduce traffic in Manhattan.

The COVID-19 pandemic impacted nearly all aspects of life, including the cost of buying a car or truck.According to ...

If you’re currently leasing a car and nearing the end of your lease term, you might be wondering what you should do next.

It has to battle not only the rushed value loss of PHEVs in the current market, but also the historically fast depreciation ...

These are instances where a company sells cars which were used for business purposes and were part of their capital assets. Depreciation is allowed only on capital assets under section 32 of the ...

However, if an individual sells old and used car to another person, the GST would not be applicable on the sale. The sources further cleared that if the individual claims depreciation under Section 32 ...

ITAT Mumbai disallowed the claim of depreciation under section 32 since assessee failed to prove that car was used for the purpose of assessee’s business wholly or in part. Accordingly, appeal ...

"Iron ore prices have gone up by about ₹1,000 per tonne, which means it is at ₹1,700-₹1,800 per tonne now, and with the depreciation of the rupee impacting imports like ferroalloys and refractories, ...

A used car expert has recommended that all motorists make sure to do two things to their vehicle in order to get the most for it on the used market. Whilst motorists spend an average of more than ...

This increase affects businesses that buy used cars and claim depreciation. Individuals buying or selling old vehicles will continue to be taxed at the lower 12 percent rate. Over 5 million used ...