Tag: car prices gst
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Auto Stocks Jump on Hopes of GST Relief for Small Cars and Two-Wheelers
Auto Stocks Jump on Hopes of GST Relief for Small Cars and Two-Wheelers Shares of leading automobile makers rallied amid expectations that the government may cut GST on small cars and two-wheelers from 28% to 18% to boost demand. A lower tax could translate into reduced retail prices and stronger festive-season (Diwali) sales. Key Takeaways…