India to slash tariffs on cars to 40% in trade deal with EU, sources say

“Prime Minister Narendra Modi’s Government has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros [$17,739],” says sources

​“Prime Minister Narendra Modi’s Government has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros [$17,739],” says sources