Scheme to scrap old cars in Budget 2017 will boost auto sector: Supekar

Dinesh Supekar, partner Price Waterhouse and an automobile expert was responding during a live chat

As the automobile sector is currently witnessing a slump, the government should simplify the Goods and Services Tax (GST) structure and include not more than three rates to put the industry on the fast track, said Dinesh Supekar, partner, Price Waterhouse. and an automobile expert. 

Supekar also underlined that an incentive scheme to scrap old cars could be a "game-changer" for the sector, and emphasised the need for the government to incentivise exports and develop infrastructure to boost the sector. 

He was responding to questions on a Business Standard live chat on what is required from Budget 2017 to ensure