Maintaining a car or bike to be costly - Union Budget 2010

The Union Budget announced by the Finance Minister, is all set to have a direct impact on the automotive sector of the country. Buying and maintaining a car or bike is going to be costly with a hike of 2% in the Excise Duty which has already led to an immediate and corresponding increase in the prices of automobiles and component. Running cost of bikes and cars too will get dearer with the