News Formal

Finance Ministry: Honda price hike doesn’t affect Malaysia’s automotive industry | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

KUALA LUMPUR, Feb 23 — The Ministry of Finance said today that the recent hike in the price of new Honda vehicles does not affect the current situation in the country’s automotive industry, It said the government had always ensured that tax policies imposed on the locally assembled or...

Sunday, 23 Feb 2020 09:10 PM MYT

It said the government had always ensured that tax policies imposed on the locally assembled or completely knocked-down vehicle production industry would not stymie business growth and increase the market price of CKD vehicles. “It is imperative that companies comply with the audit review and adhere to the existing duty/tax exemption policy and incentive so as not to raise any issue, and act fairly to all companies that abide by the same basis and use the right criteria.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Honda price hike doesn't affect automotive industry: Finance MinistryHonda has announced a 5% to 9% increase in the sale price of some of its models effective Feb 21.
Source: malaysiakini - 🏆 20. / 51 Read more »