FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

FADA vehicle depreciation: FADA seeks vehicle depreciation benefits for income tax payers in Budget 2024

Automotive dealers body FADA on Friday urged the government to introduce vehicle depreciation benefits for individual taxpayers, saying it will not only expand the taxpayer base but also ignite automobile demand. In its pre-budget wishlist, the Federation of Automobile Dealers Associations (FADA) also asked the finance ministry to reduce corporate tax for LLPs, proprietary, and … Read more