“The auto industry cannot expand with a 50% tax rate,” says Maruti Charman RC Bhargava.

"The auto industry cannot expand with a 50% tax rate," says Maruti Charman RC Bhargava.

According to RS Bhargava, Chairman of Maruti Suzuki India, car taxes in India are far higher than in other developed countries with high per capita incomes, such as Europe and Japan. Speaking at a gathering in New Delhi, Maruti Suzuki India Chairman RS Bhargava said that the 50% tax rate would prevent the auto industry … Read more

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