CarPrices

GST Rate Cut: A Game-Changer for India’s Auto Sector

by
GST Rate Cut: A Game-Changer for India’s Auto Sector

A potential GST rate cut on automobiles is on the horizon, a move that could significantly reshape India’s auto sector and provide a major boost to consumer demand. According to a Nomura analysis, this policy change could have a game-changing effect, with a ripple effect across the entire industry. Here’s a breakdown of what the … Read more

GST Cut Could Drive Down Small Car Prices by 8%

by
GST Cut Could Drive Down Small Car Prices by 8%

Proposed GST Cut Could Drop Small Car Prices by 8% A new report by HSBC suggests that if the Goods and Services Tax (GST) on smaller cars is reduced from 28% to 18%, consumers in India could see car prices drop by about 8%. This potential change is part of a broader recommendation to reform … Read more