NEW DELHI, Feb 24 (Reuters) - India is likely to cut taxes on cars and utility vehicles in its 2003/04 federal budget to be unveiled on Friday, boosting demand for the small but potentially fast-growing industry, analysts said. They said they expected Finance Minister Jaswant Singh to cut excise duty or production tax on cars and utility vehicles to 24 percent from 32 percent as part of an overall tax reform plan. The Society of Indian Automobile Manufacturers, which represents over 40 ...
Premium Content (PAID Subscription Required)
"AUTOS-INDIA-TAX (REPEAT)" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.