This MNC are Cheating Indian like hell. See the price Gap of the Toyata vehicel.
This article is in yahoo finance.
For example, a 2006 Toyota Camry LE is estimated to have a dealer retail value of about $14,830. A similar '06 Honda Accord with the Value Package carries an estimated retail price of about $13,796.
A car is almost 6L while the same car we pay 10L . Any justification !!!
RE:RE:This MNC are cheating Indian !!!
by K Kumar on Jan 28, 2008 08:11 PM
It is the TAXES !! TAXES !! TAXES !! in India. Our continuing "socialist" model, that just refuses to go away. Politicians continue to give enormous (wasteful, besides serving as corruption money) subsidies to the well-off farmers ( instead of subsistence farmers) with tax free income - subsidies on fertilizers, power, diesel, gas, petrol !! And the hit is all taken by the middle class in forms of higher taxes - on everything - income, customs, excise, sales, etc, etc...
