August 20, 2025
Small Car Prices Could Drop 8% in India if GST Slashed from 28% to 18%, HSBC Says
Get ready for cheaper rides! HSBC reveals that if the Indian government cuts GST on small cars from 28% to 18%, prices might drop by 8%. Bigger cars could get 3-5% cheaper too. A sweet deal for car lovers, but the government might lose some tax money. Let’s see if this spicy change fires up the market!