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Nirmala Sitharaman: GST Cuts Will Spur Demand Surge In Auto Sector, New Rates To Boost Car Sales

At NDTV Profit’s GST Summit, the Finance Minister said GST rate cuts are a “gift to consumers” that must be passed on by industry.DM Sitharaman noted how anticipation of the cuts has already triggered a demand surge, with auto majors like Maruti committing to pass on benefits and accelerate investments.

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