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GST REDUCTION ON TRACTORS
Auto sales jump 13% to 2.61 million units on strong demand tailwindsVehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle cat...- Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
- India's passenger vehicle sales may moderate to 4-6% in FY27: ICRAIndia's passenger vehicle industry growth is projected to moderate to 4-6% in FY27 after an estimated 7-9% rise in FY26, driven by a high b...
- Tractor makers bet on returning migrant workers to drive up salesReverse migration, driven by geopolitical tensions, is boosting India's tractor industry. Returning migrant workers are investing in tracto...
- GST cuts, tax relief to fuel India auto demand in 2026: Axis SecuritiesIndia's automobile sector is set for strong growth in 2026. Axis Securities predicts continued momentum across two-wheelers, three-wheelers...
- Tractor wholesale volume may grow 15-17 pc this fiscal: ICRATractor sales are set for a significant boost this fiscal year, with wholesale volumes now projected to grow 15-17 percent. This upward rev...
- India’s Sonalika Tractors sets new record with highest-ever monthly sales of 20,786 unitsSonalika Tractors achieved its highest-ever monthly sales in September 2025, delivering 20,786 units, driven by robust domestic demand and ...
- Domestic 2-wheeler sales growth estimated at 6-9% in FY26: ICRAICRA forecasts a 6-9% growth in India's two-wheeler sales for FY26, spurred by GST rate reduction, steady replacement demand, urban recover...
- Shivraj Singh Chouhan urges tractor makers to pass on GST cuts to farmers from Sept 22Agriculture Minister Shivraj Singh Chouhan urged tractor and farm equipment manufacturers to pass on GST reductions to farmers starting Sep...
- Automobiles and ancillaries get a big push through GST reformsGST rates for vehicles and auto parts are set to decrease. This move aims to make vehicles more affordable. It also seeks to boost demand a...
- GST reductions to boost cooperatives, farmers, rural enterprisesThe Ministry of Cooperation reports that recent GST reforms will strengthen the cooperative sector, enhance product competitiveness, and bo...
- New GST rates, coming into effect this Navratri, to boost economy: Ashwini VaishnawUnion Minister Ashwini Vaishnaw announced that the 2025-26 Budget's income tax relief and GST rate rationalization will significantly boost...
- Mahindra & Mahindra is GST 2.0’s biggest auto winner. 5 reasons whyMahindra & Mahindra shares jumped up to 9% after GST 2.0 tax cuts, with brokerages calling it the biggest auto sector beneficiary. Lower ra...
- Mahindra & Mahindra shares rally 8% on GST overhaul. Is it the auto sector’s biggest winner?Mahindra & Mahindra shares surged 7.8% as GST overhaul cuts taxes on SUVs, small cars, and tractors, boosting demand. Analysts highlight M&...
- Parag Milk, other agriculture and dairy stocks rally up to 7% after GST cutsAgri and dairy stocks like Parag Milk, Dodla Dairy, and Kaveri Seeds gained up to 7% after the GST Council slashed rates on fertilisers, fa...
- GST cut: Jefferies upgrades Hero Motocorp but bearish on Hyundai and Tata MotorsJefferies anticipates that a Goods and Services Tax reduction may significantly increase the demand for automobiles. Two-wheelers and small...
- GST Rate Cut: Tax on several mass-use products may be reducedA ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance ma...
- Fertiliser rate cut to 5% spells respite for farmersThe fertiliser industry had sought a reduction in the rate after the council initially set it at 12%. Farmers in places like Punjab had pro...
- Tractor makers disappointed over GST rate cut on 'token' partsInput cost per tractor would go up by about Rs 25,000 having an impact on industry working capital to the extent of Rs 1,600 crore, he said...
- It’s rain & gain for M&M; tractors to drive earningsM&M’s management has forecast tractor volume growth of 10-12 per cent for the current fiscal.
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