An HSBC report suggests that the prices of small cars in India could drop by 8 per cent if the goods and services slab is lowered from 28 per cent to 18 per cent. Further, larger cars may see price reduction in the range of 3-5 per cent, it added.
An HSBC report suggests that the prices of small cars in India could drop by 8 per cent if the goods and services slab is lowered from 28 per cent to 18 per cent. Further, larger cars may see price reduction in the range of 3-5 per cent, it added.