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flag Mahindra & Mahindra cuts SUV prices up to Rs 1.56 lakh ahead of GST rate reduction.

flag Mahindra & Mahindra announced price reductions of up to Rs 1.56 lakh on its SUVs starting September 6, ahead of the official Goods and Services Tax (GST) rate cut on September 22. flag The company is passing on benefits from the new GST framework, which taxes smaller ICE cars at 18% and larger models at 40%, while maintaining a 5% rate for electric vehicles. flag Toyota Kirloskar Motor also cut prices by up to Rs 3.49 lakh. flag These moves aim to boost demand ahead of the festive season.

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