GST cut sparks comeback of entry-level cars and bikes - A2Z Taxcorp LLP

A reduction in the goods and services tax (GST) has breathed new life into India’s long-neglected entry-level car and two-wheeler segments, reversing months of decline caused by shifting consumer preferences and the rapid rise of electric alternatives. Sales of Alto and S-Presso—India’s last remaining entry-level car models priced below Rs. 4 lakh, and both manufactured by Maruti Suzuki—have shown…