Small is big: Cars with up to 1.2L engine, bikes under 350cc to cost less after GST rejig

The GST Council's decision to reduce GST rates, effective September 22, will lead to price cuts for small cars, SUVs, and two-wheelers under 350cc. Larger vehicles will also benefit from reduced taxes, though hybrids remain unchanged. This move aims to provide relief to consumers, benefiting companies like Maruti, Hyundai, TVS, and luxury car brands, while Royal Enfield faces a disadvantage.
|
||||
|
||||
|
||||
💡 newsR Knowledge: Other News MentionsGoods and Services Tax (India) Value-added tax in IndiaGST revamp: FM Sitharaman slams Congress over 'ill-informed' criticism; 'India needs better opposition'Finance Minister Nirmala Sitharaman has strongly criticized the opposition, accusing them of misleading the public regarding GST reforms. She asserted that the..IndiaTimes Will government scrap 18% GST on educational services? Popular online tutor Khan Sir appeals to PM ModiKhan Sir's remarks came after the 56th GST council meeting decided to rationalise GST rates to two slabs of 5 per cent and 18 per cent by merging the 12 per cent..DNA Big push for 'Make-in-India' & 'Atmanirbhar Bharat', says Swadeshi Jagran ManchSwadeshi Jagran Manch (SJM) hailed the Centre's GST reforms, particularly the rate reductions, as a significant stride towards bolstering the domestic economy..IndiaTimes CM Yogi hails GST reform as a milestone towards Swadeshi and self-relianceYogi Adityanath praised the GST reform. He thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman. The reform is a new chapter for India's..IndiaTimes GST 2.0: Good news for consumers! These essential items are tax free; check list HEREUnion Finance Minister Nirmala Sitharaman announced various important goods and services free from GST. The items included in this list range from food items,..DNA
|
Hyundai's Next-Gen 2027 Tucson Surfaces in Unofficial Renderings![]() autoevolution Also reported by •Zee News |
Maruti Suzuki launches new mid-size SUV Victoris, looks to challenge Hyundai Creta, Kia Seltos: Check design, features, bookings, pricesMaruti Suzuki on Wednesday unveiled its mid-size SUV, the Victoris, in India as the flagship model for its Arena dealership network. The new compact SUV model is...DNA |
Hyundai Creta Electric, Alcazar And i20 Knight Editions Launched At Rs...; Check Features And SpecificationsHyundai Motor India has launched three new Knight Edition models: Creta Electric Knight, Alcazar Knight and i20 Knight.Zee News |