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