Automakers hope Modi ditches Byzantine tax system for GST
By Aradhana Aravindan MUMBAI (Reuters) - Indian carmakers, battered by two years of slowing sales, hope the resounding election victory by India's new leader will spur replacement of the country's complex array of duties with a simple goods and services tax (GST). Investors, too, are rooting for this and many other reforms from Prime Minister Narendra Modi's government. Enacting a GST faces ...
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