https://www.taxtmi.com/news?id=59970 GST reductions on passenger vehicles operated as a market stimulus prompting buyers to upgrade to higher models, brands, or premium add-ons rather than save the relief. The tax change corresponded with greater willingness to make larger down payments or longer loan tenures and bolstered trust in policy incentives. Environmental considerations increased interest in electric vehicles despite battery concerns, while SUVs dominated purchase intent. en-us Tue, 28 Oct 2025 16:01:03 +0530 Tue, 28 Oct 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59970 GST reductions on passenger vehicles operated as a market stimulus prompting buyers to upgrade to higher models, brands, or premium add-ons rather than save the relief. The tax change corresponded with greater willingness to make larger down payments or longer loan tenures and bolstered trust in policy incentives. Environmental considerations increased interest in electric vehicles despite battery concerns, while SUVs dominated purchase intent. News - Tue, 28 Oct 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=59970