The govt wants you to fall in love with hatchbacks again
Published on: Sept. 3, 2025, 11:07 p.m. | Source: The Economic Times
The Goods and Services Tax (GST) Council has approved a revised tax structure for the automobile sector. Tax rate for bigger cars is now 40%. Levies on smaller cars and motorcycles up to 350cc are reduced to 18%. This decision comes as Sports Utility Vehicle (SUV) sales experience their first decline in over five years.
