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SUV TAX RATE
'Demand for Maruti cars healthy in local market despite global challenges,' says senior executive Partho BanerjeeMaruti Suzuki anticipates strong growth this financial year. Demand for its cars remains high, exceeding supply. The company plans to incre...02 May, 2026, 12.52 AM IST- Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensionsMaruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. ...02 May, 2026, 12.09 AM IST
- Maruti Suzuki shares jump 4% after Q4 results. What Jefferies, Goldman Sachs and HSBC recommend nowMaruti Suzuki shares saw a significant jump. The company reported strong revenue and record sales for the March quarter. Despite a profit d...29 Apr, 2026, 09.39 AM IST
- In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...26 Apr, 2026, 06.12 AM IST
- Renault plans dual-platform strategy, targets 7 models and EV push in India by 2030Renault is launching a new strategy in India. The company will use two platforms to offer vehicles. One platform targets cars under ten lak...19 Apr, 2026, 11.02 AM IST
- In driver's seat: First-time buyers rev up sales as tax cut makes cars affordableRecent tax reductions on cars have significantly increased the number of first-time buyers for major automakers like Maruti Suzuki and Hyun...20 Mar, 2026, 07.35 AM IST
- Mahindra XUV700 new price drops by Rs 1.43 lakhs after GST overhaulMahindra XUV700 GST Rate Cut: Mahindra has reduced the prices of the XUV700, passing on the benefits of the revised GST slab to customers b...12 Sep, 2025, 08.06 AM IST
- Volkswagen India to reduce car prices by up to Rs 3.27 lakh, buyers to get full GST benefitIndia’s goods and services tax (GST) system has undergone a major rationalisation, collapsing four tax slabs into just two principal rates ...10 Sep, 2025, 04.57 PM IST
- 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...05 Sep, 2025, 12.50 PM IST
- GST Council revises tax slabs for automobiles: Small vehicles get relief while SUVs face higher levyThe GST Council has announced a restructuring of tax rates for the automobile sector, effective September 22, 2025. Mass mobility vehicles ...03 Sep, 2025, 11.54 PM IST
- The govt wants you to fall in love with hatchbacks againThe Goods and Services Tax (GST) Council has approved a revised tax structure for the automobile sector. Tax rate for bigger cars is now 40...03 Sep, 2025, 11.07 PM IST
- Big GST cut may rev up demand for small cars, hatchbacks likely to attract 18% tax against 28% nowSmall cars are likely to be placed in the 18% tax slab, substantially reducing the tax burden on them, people familiar with the matter said...18 Aug, 2025, 02.06 PM IST
- New GST council norms remove Mahindra Thar from SUV category; Price-cuts expectedMahindra Thar is likely to get a price cut in India with GST council refuting its status of being an SUV. Per the new GST guidelines, SUVs ...22 Dec, 2022, 01.33 PM IST
- What is SUV? Understand GST council's official definitionThe higher rate of 22% compensation cess applies to SUVs (sports utility vehicles) that fulfil all four criteria.18 Dec, 2022, 01.09 PM IST
- Leased vehicles: Government provides clarity on tax rateThe GST Council, comprising Union Finance Minister Arun Jaitley and state finance ministers, in its last meeting on October 6 had decided t...12 Oct, 2017, 09.12 PM IST
- Government notifies GST cess hike on mid and large cars, SUVsThe GST Council on September 9 had decided to hike cess on mid-size cars by 2%, on large cars by 5% and on SUVs by 7 per cent to bring tax ...12 Sep, 2017, 04.50 PM IST
- GST: Big utility vehicles become the biggest beneficiaryPawan Goenka of Mahindra and Mahindra said the correction in rates for SUV was long overdue, as the segment was selectively being levied wi...11 Jul, 2017, 01.07 AM IST
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