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India Scraps Tax Breaks On Automobiles

2015-01-03 02:19:44| Auto Dealers - Topix.net

India is growing into an automotive hub, with foreign auto players showing interest in setting up their manufacturing shop in the country where labor is cheap, and the economy is showing signs of revival. Auto sales across the country have seen a plunge early this year, which led the government to continue with the tax breaks until the end of this year.

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