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