2025-08-18Niranjan Ghatule
The Indian government is planning a major GST restructuring that could make small cars, two-wheelers, and hybrid vehicles cheaper before Diwali. With a proposed cut from 28% to 18% GST, middle-class buyers could save up to ₹1 lakh on popular models like Maruti Swift, Tata Nexon, and Hyundai Creta. Find out how this GST reform may impact vehicle prices, the auto sector, and middle-class families.
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2025-08-17Niranjan Ghatule
India is preparing for a major GST reform as reports suggest new tax slabs of 5%, 18%, and 40%. The government may remove the existing 12% and 28% categories, shifting 99% of 12% items to 5%, while sin goods like tobacco could move to 40%. Essential items may become cheaper, luxury goods could see changes, and stock market reactions are expected.
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