Assemblers Shrewd Enough to Increase Prices Ahead of Budget FY20-21 5

Assemblers Shrewd Enough to Increase Prices Ahead of Budget FY20-21

The government is planning to reduce some duties & taxes in the upcoming Financial Budget 2020-21 which means any cut in duties & taxes will force automakers to bring down prices after the budget is announced, which is exactly why assemblers have already announced a superfluous price increase so as to avoid any price cuts in post-budget scenario

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