Impact of GST Reduction on Car Sales this Diwali
Nirmala Sitharaman, the Finance Minister, has given a Diwali gift to new car buyers by reducing GST on cars.
Our beloved Nirmala Sitharaman, the finance minister of the country, has already put things in motion to make your dream of buying a new car on Diwali closer to reality.
The new GST norms, which came into effect on September 22, have made owning and buying new cars more affordable. Cars have already become cheaper due to pre-GST discounts and the overall price cut through GST 2.0.
- New GST norms make cars more affordable
- Pre-GST discounts and price cuts through GST 2.0 reduce car prices
Author's summary: GST reduction boosts car sales this Diwali.