Tag: GST Cut

GST reforms to boost affordability and consumption across sectors: Report

 report further added that consumer durables and automobiles will see increased demand due to lower GST rates on white goods and small vehicles.

August 19, 2025

Small Cars Could Get 8% Cheaper if GST Cut to 18%, Says HSBC Report

At present, passenger vehicles attract GST between 29 per cent and 50 per cent, as access is levied in addition to the standard 28 per cent tax depending on a vehicle’s size and length.

August 19, 2025