'Over-regulation of the market': Rajiv Bajaj says taxes are too high on 2-wheelers as prices rise

Rajiv Bajaj at the launch of the new Pulsar criticized the high prices of two-wheelers, attributing them to excessive regulation. While acknowledging the benefits of norms like BS-VI, he urged the government to lower the GST rate on these vehicles, comparing it unfavorably to rates in other countries. Bajaj advocated for a GST rate of 12-18%.
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