Budget 2013: Biz honchos react
S. Sandilya, President, SIAM and chairman of Eicher Motors
S. Sandilya was happy with the overall tax but not with the hike in excise duty on SUVs.
"Overall tax rates not having gone up ... is very good. However, on the SUVs, he increased excise duty, saying they occupy more parking spaces, which is totally surprising. We need to find out how it affects the overall sales. It was one area where growth was significant and yes, this will have an impact,” he said.
"Also on imported vehicles, he increased the customs duty which is expected,” he added.
Google Nexus 5
Apple iPad Air
Surface 2 and Surface Pro 2
Amazon Kindle Fire HDX
Five cars launched in India in August
Microsoft’s next CEO: Seven strong contenders
The Rupee fall — where it will hurt the most?
Introducing LG G2
On The Channel
Jobs With Us
Copyright © Zee Media Corporation Ltd. All rights reserved.