Goods and Services Tax (GST) - Business Outrank

Mahindra & Mahindra, India's leading company, has reported a decline in its sales for the first time in 3 years in August. The maker of the Scorpio SUV said it has reduced the volume of goods sent to dealers as it awaits the government's decision on a lower consumption tax. Mahindra's SUV sales declined 9% last month but have so far registered a growth of 15% in the financial year to March 2025. Nomura analysts said that even before the decision to cut major taxes, automotive dealers had reduced stock for August so as not to accumulate high-priced stock. At the same time, buyers are postponing purchases during the festive season as they expect prices to fall. Buyers are waiting for prices to fall. India's Goods and Services Tax (GST) Council is scheduled to have a meeting later this week. The meeting will discuss the most significant reforms since the launch of the tax system. The proposal was announced by Indian Prime Minister Narendra Modi last month. Despite the decline in August, Mahindra & Mahindra has defied the broader industry slowdown in the world's third-largest car market, thanks to the rapidly growing demand for Mahindra's new SUV and EVs.

What's Hot

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

NSE and BSE fined MTNL Rs 673,780 for non-compliance of SEBI rules

SBI vs HDFC: Which Bank Is the Smarter Bet for Investors in 2025?

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Goods and Services Tax (GST)

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

NSE and BSE fined MTNL Rs 673,780 for non-compliance of SEBI rules

SBI vs HDFC: Which Bank Is the Smarter Bet for Investors in 2025?

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Our Picks

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

NSE and BSE fined MTNL Rs 673,780 for non-compliance of SEBI rules

SBI vs HDFC: Which Bank Is the Smarter Bet for Investors in 2025?

Most Popular

Demand for Mahindra’s SUVs decreased, For the first time in 3 years.

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Goods and Services Tax (GST)