HomeNewsBusinessCompaniesDifferent taxation across states a hurdle: Sunil Munjal

Different taxation across states a hurdle: Sunil Munjal

As far as land and labour is concerned, Sunil Munjal, joint MD, Hero Motocorp does not think anybody explained the lay public of India or even the affected parties what this regulation means for them.

September 14, 2015 / 22:14 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

We have not yet been able to turn India into a single common market, says Sunil Munjal, joint MD, Hero Motocorp. "We have not been able to take advantage of scale of India as a nation because we are not only set up in different states, but our taxation system is also different across states. That's one big advantage that we will get if we switch on GST legislation quickly," he says.

As far as land and labour is concerned, he does not think anybody stood up and explained the lay public of India or even the affected parties what this regulation means for them.

Story continues below Advertisement
first published: Sep 14, 2015 09:57 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!