2016-17 Union Budget February 29,2016 Cars To Become Costlier - Hyundai Hikes Prices in the range of 3000 - 80000

2016 Hyundai Cars Price Hike
1) Hyundai Eon - 3000
2) Hyundai i10 - 4000
3) Hyundai Grand i10 - 5000
4) Hyundai Xcent - 13,000
5) Hyundai Verna - 24,000
6) Hyundai i20 - 18,000
7) Hyundai Elantra - 47,000
8) Hyundai Creta - 26,000-45,000
9) Hyundai Santa Fe - 80,000

Note

The 2016 Union budget announced new taxes for all cars and SUVs.

Petrol and CNG powered small cars with an engine capacity of 1200cc now attract an infrastructure cess of 1 %, while small diesel cars with an engine capacity not exceeding 1500cc attract a cess of 2.5 % Similarly, cars and SUVs with 'high capacity' engines will attract an additional cess of 4 %

The Finance Minister also announced a luxury tax of 1 % on cars priced over 10 lakh, in addition to the infrastructure cess.