Saturday, January 25, 2025

Two-wheelers not luxury, tax cut needed to spur demand: HMSI

Honda Motorcycle and Scooter India seeks a reduction in GST on two-wheelers, calling them a necessity for many, rather than a luxury. They also highlight the need for income tax rationalization to boost spending. Rising costs due to regulatory changes and limited rural demand have impacted affordability and market growth.

from Auto-Industry-Economic Times https://ift.tt/bIZTAid

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...