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Budget has been positive for the auto industry


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venkat
Concessions to Auto Industry
by venkat on Mar 01, 2011 11:55 AM

It appears the FM has given duty concessions to small cars, hybrid and electric cars. But what about public transport buses. Already in cities major share of roads are occupied by small/big cars carrying hardly 1/5 persons and public transport buses are moving slowly. Why FM is allergic to give excise duty concession to public transport buses carrying more than 80 persons? It appears he is inclined to please the Auto Industry.

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venkat
Concessions to Auto Industry
by venkat on Mar 01, 2011 11:55 AM

It appears the FM has given duty concessions to small cars, hybrid and electric cars. But what about public transport buses. Already in cities major share of roads are occupied by small/big cars carrying hardly 1/5 persons and public transport buses are moving slowly. Why FM is allergic to give excise duty concession to public transport buses carrying more than 80 persons? It appears he is inclined to please the Auto Industry.

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