GST Council meeting LIVE: Automobile stocks soar to 11-month high

GST Council meeting LIVE: Automobile stocks soar to 11-month high

The Union Finance Ministry has reduced the GST rate on small cars to 18% from 28%, Maruti Suzuki India Ltd., Tata Motors Ltd. and Mahindra & Mahindra Ltd., all of whose stocks peaked in nearly 11 months. The GST Council has reduced the rate on small cars, less than four metres in length with petrol […]

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