NEW DELHI, Aug 18 (Reuters) - India aims to slash taxes on small cars and insurance premiums as part of a sweeping reform of its goods and services tax (GST), a government source said on Monday, ...
NEW DELHI, June 26 (Reuters) - India is considering relaxing fuel efficiency norms for small cars after lobbying by Maruti Suzuki (MRTI.NS), opens new tab, which has seen sales of such cars drop amid ...
Hosted on MSN

Small cars, big losses

The small car, once a symbol of middle-class mobility and mass aspiration, is fast disappearing from Indian roads. Entry-level cars priced below Rs 5 lakh, which sold around a million units in FY16, ...