Cars Majorly Affected By Budget 2016

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The additional taxes are levied with a view to curb down the use of diesel vehicles in order to fight the increasing air pollution in the country.

The Union Government has announced the budget for the financial year 2016-17 and it nowhere helps the automobile makers. Budget 2016 has levied an additional tax of 1 percent on luxury cars priced above Rs. 10 lakhs and 4 percent infrastructure cess on high capacity diesel cars and SUVs. We have put together a list of 10 cars that will be most affected by these...