If you are thinking about buying a new car this festive season, this is a good opportunity for you. Because the new rates of Goods and Services Tax (GST) have come into effect from today. Under this, the tax on small cars has been reduced from 29% (28% GST + 1% cess) to 18%. In such a scenario, family cars like Maruti Swift, WagonR, Alto K10, Tata Tiago, Hyundai i10, Kia Seltos have become cheaper by 10-15%, i.e., from ₹70,000 to ₹4.49 lakh. So let’s find out through graphics how much each car has become cheaper. Post navigation Navratri travel made sweeter:Hotel stays cheaper, but hoteliers unhappy over misapplication of GST slabs; what to do if you are overcharged RBI may cut interest rates by 0.25% in Sept:SBI report warns that not cutting rates now would be a ‘wrong decision at the right time’
