Brief by Shorts91 Newsdesk / 12:23pm on 07 Sep 2025,Sunday Business
Hyundai and Tata Motors announced car price cuts following GST rate reductions effective September 22. The 56th GST Council reduced taxes on small cars from 28% to 18%, while SUVs face 40% tax without cess and electric vehicles remain at 5%. Both companies will pass complete benefits to customers. Hyundai's biggest cuts include Tucson at Rs 2.4 lakh, i20 N Line at Rs 1.08 lakh, and Venue at Rs 1.23 lakh. Tata's reductions range from Tiago at Rs 75,000 to Nexon at Rs 1.55 lakh and Safari at Rs 1.45 lakh. This follows similar announcements by Mahindra and Renault. Both companies emphasized the reform will boost consumer confidence and make personal mobility more accessible across India.
