Although the latest budget from India’s newly elected government provides for huge investments in the country’s road infrastructure and rural areas, it allocates little new funding for auto makers or suppliers. However, substantial and wide-ranging cuts in taxes on passenger vehicles enacted last year to combat the market slowdown are continued in the new budget, with a couple of additional reductions. The excise duty on gasoline-powered vans and trucks has been cut from 20% to 8%. Most ...

Premium Content (PAID Subscription Required)

"Indian Auto Makers Receive Some Tax Relief From Government" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.