With GST 2.0 in effect, the Indian automotive sector is witnessing an unprecedented interest in compact and affordable cars in the mass-market segment. With the effective tax rate on small cars and sub-4 metre vehicles drastically reduced from approximately 29-31 per cent to a flat 18 per cent, major automakers have already passed on the benefits to customers. This translates to cheaper cars and compact SUVs, especially under Rs 10 lakhs.

With the festive season looming on the horizon, Auto manufacturers like Maruti Suzuki, Tata Motors, and Hyundai have announced significant price reductions alongside the GST 2.0 revisions, with discounts ranging from Rs 40,000 to over Rs 1.5 lakh on popular models. Mass market models like the Maruti Suzuki Swift and Tata Punch are now offering incredib

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