Primus In News
GST on cars, two-wheelers: How are vehicles in different categories taxed? A deep dive
18-08-2025
Nikhil Dhaka, Vice President, Primus Partners, highlighted that the proposed GST cut on cars and two-wheelers could reset the affordability equation, leading to savings of ₹20,000–₹25,000 on entry-level models. He emphasized that this move would benefit entry-level segments the most, potentially reviving demand among first-time buyers, younger consumers, and rural households, as seen in past instances where tax relief spurred quick recovery in sales.
Explore Related Insights
- Retrofitted 9-meter buses are 32.1% more cost-effective than a new EV bus: EGROW and Primus Partners report
- India's DPI figures in global conversations around inclusive, scalable infrastructure: Experts
- Streaming companies set eyes on connected television in festive times
- $13.7 B annual GDP loss due to climate-induced mental health issues: Report