https://www.thehindubusinessline.com/companies/two-wheeler-sales-volume-to-grow-5-6-this-fiscal-after-gst-cut-boost-crisil-ratings/article70021736.ece Copy Two ...
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs Two-wheeler sales volume is expected to grow by 5-6 per cent in ...
The automotive sector has been in the spotlight with respect to the Next-Gen goods and services tax (GST) cuts announced by the government. Better still, it is timely in that it comes into force on ...
While two-wheeler manufacturers reported improved wholesale volumes in August, passenger vehicle (PV) wholesale volumes continued to show weakness, declining 2% YoY across the four listed companies.
The Goods and Services Tax (GST) reforms in automobiles and automobile parts will provide a direct impetus to demand in entry-level mobility segments where sales have been sluggish, and make ...
The GST Council is under pressure to act fast — rolling out new tax cuts quickly to ensure festive sales don't stall. Anticipation of lower GST rates has already led buyers to postpone purchases of ...
Anticipation of upcoming GST reforms has led e-shoppers to delay purchases, particularly in electronics and appliances, expecting lower tax rates. Analysts say this temporary dip will reverse with ...
RC Bhargava, chairman, Maruti Suzuki Maruti Suzuki Chairman RC Bhargava has welcomed the government’s decision to slash GST rates on small cars, calling it a landmark reform that could revive demand ...
The revised GST rates on small cars and entry-level two-wheelers up to 350 CC to 18 per cent from 28 per cent earlier, would make both segments cheaper for the consumers. Companies like Maruti Suzuki ...
Most e-commerce platforms have aligned the sale with the new GST rollout, hoping visible tax savings will encourage purchases across big-ticket items and daily essentials. For Flipkart and Amazon this ...
Bears hit market following imposition of additional US tariffs on Indian goods, dragging the benchmark indices 1.8 percent down to near August lows for the week ended August 29. Severe FII sell-off ...