Goods and services tax

On the right track: Low base drives auto sales up by 12% in May, says Siam

The growth of all segments put together in domestic market stood at about 12 per cent to 2.28 million units. As a word of caution, Sridhar V, a partner at Grant Thornton India LLP said the rise in fuel prices and the interest rate going up could impact the demand in the next month or so.

This article appeared in Money Control on 12th June, 2018.