I personally think Honda is also waiting regards decision on withholding tax
If it gets abolished they will add that Rs50,000 to price of the car
Otherwise they will leave it as the price they have already decided
I don't think they have any intentions of reducing the price paid by the customer, with or without withholding tax.
It's a mean tactic by Honda
Obviously they have already decided on the price of the car
They could have just announced the price and mention that the customer will need to pay all government duties on top of that price as applicable.