Our Finance Minister Arun Jaitley has presented the Union Budget 2017-18 in the Lok Sabha. Earlier, automobile manufacturers in our country had stated their expectations from the Union Budget. This time, here's a round-up of the reactions from the automobile industry.
The budget was growth centric with focus on infrastructure and affordable housing. Reduction in individual tax rates in Rs 2.5-5 lakh category should boost passenger vehicle demand. However, incentives to promote fuel-efficient and alternate fuel would...
Updated Date: Feb 01, 2017 18:45 PM