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Tata Nano Car: The New Budget would help lower the price of the Tata Nano Car
This would be a good news to all Indian who are planning to buy a Tata Nano Car at lowest Rate. Tata Motors are scheduled to launch their Tata Nano car later this year.
The announcements in the Indian Government’s Budget for motors have some good news for the company Tata too.
The new decision in the Budget of a 4% reduction in excise duty on small cars would mean that the Tata Motors company could price the car even more competitively at lesser price.
Tata Nano car’s basic model has been priced at Rs. 1 lakh. This price was decided after taking into consideration an excise duty of 16%. So the 4% reduction in taxes means that the Tata Motors company would have a bit more room to manage the increase in prices of the raw material in the coming months.
