This is one of the key demands to make the domestic industry competitive in the global scenario. Of course, tax changes cannot be made in a single stroke since (the governments) revenue considerations have to be studied, the official said. The idea is to lay down a roadmap for providing a level-playing field to the Indian auto industry, with a thrust on creation of manufacturing infrastructure and right taxation, he added.
The five subgroups, which had been constituted under the taskforce to address a horde of issues like demand generation, environmental
and safety regulation etc, have already submitted a working document to the ministry.