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Indian auto stocks soar as government plans to cut GST on small cars, boosting the sector.
Indian auto stocks surged on August 18, 2025, after reports suggested the government plans to cut the GST on small cars from 28% to 18%.
The Nifty Auto index rose by over 4%, with major companies like Hero MotoCorp and Maruti Suzuki experiencing significant gains.
The proposed tax cut is part of a broader reform aiming to simplify the GST structure, potentially benefiting auto manufacturers and stimulating demand.
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Las acciones automotrices indias se disparan a medida que el gobierno planea reducir el GST en los autos pequeños, impulsando el sector.