2025-08-22Niranjan Ghatule
The Indian auto industry is awaiting a possible GST rate cut from 28% to 18% on small cars and two-wheelers, with discussions set in the GST Council later this month. While the move could boost festive season sales and long-term demand, uncertainty has already slowed purchases, risking weak Q2 results for companies like Maruti Suzuki, Hyundai, Tata Motors, Hero MotoCorp, and Bajaj Auto.
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2025-08-15Niranjan Ghatule
Ahead of Diwali, the Modi government is set to announce major GST reforms, cutting the 12% slab to 5% on 99% goods, reducing most 28% items to 18%, and introducing a special 40% rate for tobacco products.
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