GST Rate Cuts: Toyota Kirloskar To Slash Vehicle Prices By Up To Rs 3.49 Lakh— Check Full List

GST Rate Cuts: Toyota Kirloskar Motor said the revised prices will come into effect from Sept. 22, 2025.

M&M has reduced price of Bolero/Neo range by Rs 1.27 lakh, XUV3XO (petrol) by Rs 1.4 lakh, XUV3XO (diesel) by Rs 1.56 lakh, and THAR 2WD (diesel) by Rs 1.35 lakh.

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According to the company, the highest benefit of Rs 1.56 lakh will apply on the diesel variant of the XUV3XO.

Maruti Suzuki — which is also expected to announce price cuts soon — will likely reduce rates by 6% to 9%.

By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.

Munot cited recent measures like personal income tax relief, GST rate cuts and RBI’s liquidity injections as steps to stimulate consumption and credit growth.

The GST reforms will help the beneficiaries of the PM Surya Ghar Muft Bijili Yojana, according to Waaree Energies CEO Amit Paithankar.

Sivaram predicted the GST overhaul is likely to reduce Consumer Price Index (CPI) inflation by at least 25 basis points.

Sony, with a significant price advantage after GST reduction, will capture the positive consumer sentiment in the festive season sales, which has already started from South with Onam.

Brokerages including JPMorgan, BofA, and HSBC view the recent GST reforms as a positive catalyst for reviving India's growth.

The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers, Union minister Piyush Goyal said on Friday

The GST Council announced the restructuring of the tax structure to a two-slab system of 5% and 18%.

Prices of the company's premium SUVs — Harrier and Safari — will see a price reduction of 1.4 lakh and Rs 1.45 lakh respectively.