GST on Small Cars May Be Cut to 18%: Impact, Benefits & Price Reductions
The anticipated GST on small cars reform could mark a dramatic shift for India’s automobile sector, as the government eyes a reduction in Goods and Services Tax from 28% to 18%. Scheduled for possible implementation by Diwali 2025, the move is set to spur demand, ease affordability concerns for millions of buyers, and revitalize carmakers like Maruti … Read more