Pre- Budget expectation from A.K. Rastogi, GM Finance, Nippon Audiotronix for the Auto industry


The Union Budget should ideally be more focused to timely implementation of GST. The GST regime will create a competitive business environment and will definitely attract both foreign investment and Make in India initiative of the Government. Tax rates / interest rates should be lowered to boost the consumption and consumer sentiments. Lowering interest rate will definitely help real state /automobile industry as banks are flooded with money post demonetization. The Government should also incentivize more for cashless transition.