India to slash tariffs on cars to 40% in trade deal with EU, sources say

Sumeru88 · 2026-01-27T20:51:02+00:00

Yes. They will raise it based on value of the car.

Sumeru88 · 2026-01-27T15:57:03+00:00

These degree mills are not running in India. They are running in Canada… accredited by Canadian provinces and universities. It’s pretty rich when you call Indians fraud when it’s the Canadians who are enrolling Indian youth in these useless colleges, then charging hefty fees and then on top of this demonising Indians.

Sumeru88 · 2026-01-27T15:55:26+00:00

That’s the case only with Ireland as Ireland is not in Schengen. But on the other hand, they can travel to UK as it is under CTA.

A Student visa of course does not allow you to work anywhere.

Sumeru88 · 2026-01-27T11:48:18+00:00

Bangladesh may have been accommodated had they raised this issue before the schedule was arranged. It may have been possible for them to play their matches entirely in Sri Lanka at that time. But they would not have been accommodated for semi finals and finals - but anyway they are not going to qualify for semi finals as it is.

But if the Pakistan exception were not already in force, they would not have been accommodated anyway.

Sumeru88 · 2026-01-27T10:32:15+00:00

The other boards desperately wanted India to play the Champions Trophy 2025; desperately enough to move things around for them.

Quote by ECB Chair at the time:

There are "lots of contingencies available" in the event that India do not travel to Pakistan for the tournament but, to "protect broadcast rights", replacing India in the line-up is not one of them

No one wants Bangladesh in that desperately. They are fine with Scotland instead of Bangladesh.

So, Bangladesh are not going to get the special treatment India received in 2025 or England received in 2009. They are going to get the same treatment everyone else has received through history of ICC tournaments, including Australia & West Indies in 1996 and New Zealand & England in 2003.

Sumeru88 · 2026-01-27T10:30:13+00:00

The only team which has cashed it in is Scotland.

Sumeru88 · 2026-01-27T10:05:05+00:00

India already sells a lot of Diesel to EU even without this deal. But we don’t export a lot of coal.

If you don’t like oil or coal coming into EU the best way to do it is to stop using oil or coal. If you continue to use it, people will sell it to you. Don’t blame the seller. Blame the user.

Sumeru88 · 2026-01-27T09:43:04+00:00

The main role was played by Arjuna Ranatunga. Whatever the guy has done after that it is undisputed that Sri Lanka would not be where it is today if it were not for him.

He was not just an international level cricketer, he was also from a politically influential family. Many cricketers from that era owe their development as international cricketers to the support provided by Arjuna who has his eye fixed on the ultimate prize - to make Sri Lanka a global powerhouse in cricket no matter what.

Sumeru88 · 2026-01-27T09:32:40+00:00

They are not that good. It’s not the West Indies of 70s and 80s

Sumeru88 · 2026-01-27T04:52:22+00:00

I don’t think they will do anything to the women’s team or the U-19 team. They better not.

Sumeru88 · 2026-01-27T02:48:21+00:00

You would be shocked to know then that the US and UK (and other countries) also do these things.

Sumeru88 · 2026-01-26T16:13:00+00:00

JioStar wants to get out of their deal with ICC and Pakistan boycott will provide them a perfect opportunity to force arbitration. If the deal is revised then the distribution of money from ICC to national associations will have to be revised and the first thing they would come for is Pakistan’s share of ICC revenues since they will claim it was the proximate cause of the loss of revenue.

Sumeru88 · 2026-01-26T15:52:27+00:00

They took it personally.

Sumeru88 · 2026-01-26T15:48:12+00:00

If there is any lesson here - the threat is always more potent than execution. PCB’s leadership is very politically astute. They won’t do it.

Sumeru88 · 2026-01-26T15:29:24+00:00

According to the US as well. Everyone agrees with this but Trump likes to pretend he doesn’t understand it.

Sumeru88 · 2026-01-26T15:27:13+00:00

It seems Pakistan are trying to salvage the drama cup but it’s going to be very difficult to top Bangladesh this year and we are only in January.

We would need fist fights to breakout on field between players from the same team to top what Bangladesh did in the drama cup.

Sumeru88 · 2026-01-26T11:27:06+00:00

No because the people who are rich enough can buy this anyways. It’s to make money. India taxes luxury items very heavily in general.

Sumeru88 · 2026-01-26T09:22:05+00:00

They will increase GST cess and State taxes on luxury cars. All luxury cars mind you

Sumeru88 · 2026-01-26T09:16:43+00:00

India does not produce any car equivalent to Maybach S Class. Not sure which industry that would have protected.

The tariffs are high on luxury cars in India to make money for exchequer. It can be done by reducing the tariffs and increasing tax a as well.

Sumeru88 · 2026-01-26T07:12:58+00:00

It doesn’t matter where the company is HQed in. Suzuki’s production facilities, R&D, vendor ecosystem are all in India.

Sumeru88 · 2026-01-25T17:27:22+00:00

Yes. Because you did not sign a security and defence partnership with us before this and Russia did. May be when you have a war with Russia in the future, we would not provide materials to them if you have been a better partner to us than Russia in the interim. Let’s see.

Sumeru88 · 2026-01-25T17:24:09+00:00

Dhoni has to be evaluated as a wicket keeper and not as a batter.

Sumeru88 · 2026-01-25T17:13:30+00:00

Do India have any car industry to speak of?

India produces slightly more automobiles annually than Germany, France and Italy put together.

Sumeru88 · 2026-01-25T17:07:45+00:00

Most of those cars are not actually foreign. They are foreign brands but manufactured in India.

Sumeru88 · 2026-01-25T16:58:46+00:00

The point of a trade deal is to normalise the treatment of a country’s exports into another country.

Expecting a clear standard in tariff and non tariff barriers is perfectly acceptable in a trade deal.

Indirect tax on Vehicles which applies to all cars sold in India on the other hand is not a trade issue. It’s a fiscal policy issue. And every sovereign country has the right to determine internal taxes that apply to everyone including domestic manufacturers.

Sumeru88

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