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GST BENEFITS ON CARS
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...- Nifty upside limited, but stock-specific opportunities remain: Pramod AmtheIndian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights s...
- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- Maruti cars could cost Rs 30,000 more soon. Here's whyMaruti Suzuki announced a price increase of up to Rs 30,000 across its vehicle range, effective June 2026. This decision stems from sustain...
- How cashback credit cards are shaping everyday spending habitsIDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings witho...
- Maruti Suzuki shares deliver Rs 1.28 lakh crore shock from January peak. Is the worst behind?Maruti Suzuki shares have dropped nearly 25% from their January peak, wiping out Rs 1.28 lakh crore in value amid margin and market share c...
- Auto sector posts strong April numbers with Maruti leading the charge, but FY27 challenges loomIndia's auto sector saw robust year-on-year growth in April, defying sequential dips attributed to high March bases and supply issues. Maru...
- Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
- Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
- Consumer companies hold back price hikes amid cost pressures and post-GST scrutinyConsumer goods companies are delaying routine price hikes despite a rise in input costs, as they fear scrutiny after recent GST rate cuts. ...
- Maruti Suzuki highlights increased car sales after ushering in GST reforms, says nearly 15,000 bookings a dayThe automobile industry saw a strong start to the festive season, fueled by Navratri and the implementation of GST 2.0 reforms, which lower...
- Many tailwinds in place to drive small car sales, says Maruti executiveMaruti Suzuki is set to reduce car prices across its range, passing on the benefits of lowered GST rates to consumers. The price cuts, effe...
- GST rate cut drives Maruti Suzuki’s biggest price drop; S-Presso, Alto lead with steep cutsMaruti Suzuki will reduce vehicle prices across its portfolio, passing on the full benefit of recent GST rate cuts to customers starting Se...
- Banks face car loan cancellations in run up to September 22 GST rate cut-off dateCustomers are cancelling approved car loans. This is because of the Goods and Services Tax (GST) rate cut on passenger vehicles. The 56th G...
- From Mahindra Thar to Hyundai Creta: Popular cars that will get cheaper with GST 2.0The Goods and Service Tax revision brings joy for the auto industry. Several popular cars will now be priced lower. The tax rate for small ...
- Big engines, bigger taxes: GST 2.0 hikes duty on luxury cars to 40%India's new GST overhaul brings significant tax changes to the automobile sector. Small petrol and diesel cars will benefit from reduced ra...
- Small cars may get cheaper by 8% if GST reduced from current rate: HSBC ReportCar prices in India, especially for small cars, could drop by up to 8% if the government reduces the GST rate from 28% to 18%, according to...
- 5% GST benefit should only be for smaller EVs; don't extend it to bigger cars: Skoda Auto IndiaIf the said benefit is extended to all EVs -- including bigger and expensive ones -- it will put the exchequer and govt finances under pres...
- Planning to buy electric car? What Budget 2023 can offer as income tax benefitsThere is a thrust from the govt to push electric vehicles to the common man. Many auto mobile companies are planning to launch electric veh...
- Hybrid models set to pinch your pockets in GST regimeAs per new GST rates, the cumulative duty on hybrid cars went up to 43% against the approximate 30% (cumulative) duty mandated in the curre...
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