Big news for car buyers: Major automakers have reduced prices across their models after the GST Council cut tax rates. These changes aim to make cars more affordable ahead of the festive season.

Mahindra & Mahindra:

• Effective: September 6

• Discounts: Up to ₹1.56 lakh

• Highlights:

  • XUV3XO Diesel: Save ₹1.56 lakh

  • Bolero/Neo: Save up to ₹1.27 lakh

  • Thar variants: Save ₹1.01–₹1.35 lakh

  • Scorpio and XUV700: Save ₹1.01–₹1.45 lakh

Tata Motors:

• Effective: September 22

• Discounts: Up to ₹1.55 lakh

• Highlights:

  • Nexon: Save ₹1.55 lakh

  • Harrier & Safari: Save ₹1.40–₹1.45 lakh

  • Tiago & Curvv: Save ₹65,000–₹75,000

Renault India:

• Effective: September 22

• Discounts: ₹50,000–₹1 lakh

• Highlights:

  • Kiger: ₹96,395 reduction

  • Kwid: ₹49,000–₹57,000 reduction

  • Triber: ₹77,000–₹1 lakh reduction

What this means for buyers:

• Small cars now taxed at 18% GST, down from 28%.

• Big cars and SUVs now under 40% GST, down from 50%.

• Electric vehicles continue at 5% GST.

Impact: Buyers can save big, and festive-season sales are expected to rise as automakers pass on the GST benefits.