Union Budget 2016: Expectations from UM India
Rajeev Mishra director, UM Motorcycles India voices his opinion
"The industry is bullish as the Finance Minister has been indicating on tax rationalization which may empower consumers with more disposable income and boost retail growth. GST and labour reforms with time bound implementation are few moves which the industry has been waiting for long that we anticipate.
The excise duty rationalisation is the need of the hour to boost the auto industry. Excise duty for bikes/scooters should be reduced to 10 per cent as the GST will fetch more taxes for the government. SAD and excise duty adjustment...
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Auto Budget 2016: The initiatives proposed are very encouraging for the two wheeler segment, says Yamaha
Roy Kurian, VP, sales and marketing, Yamaha Motor India Sales Private Limited speaks about the 2016 Union Budget