How the ₹2-crore BMW i7 draws same ₹8,000 tax as the ₹12-lakh Punch.ev
At the heart of it is a deceptively simple rule: under the revised framework, a ₹2 crore BMW i7 now carries the same taxable perquisite value as a ₹12 lakh Tata Punch EV, a flat ₹8,000 a month, irrespective of what the car costs. For luxury OEMs that have long struggled to crack the corporate fleet market, it is the opening they have been waiting for
At the heart of it is a deceptively simple rule: under the revised framework, a ₹2 crore BMW i7 now carries the same taxable perquisite value as a ₹12 lakh Tata Punch EV, a flat ₹8,000 a month, irrespective of what the car costs. For luxury OEMs that have long struggled to crack the corporate fleet market, it is the opening they have been waiting for
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