Poging GOUD - Vrij
'GST rate cut boosted Oct vehicle loans'
The New Indian Express Tadepalligudem
|November 17, 2025
CHOOLAMANDALAM Investment and Finance Company president and CFO Arul Selvan said that the NBFC’s advances in two-wheelers and passenger cars segments went up in October after the GST rationalisation in September.
Without revealing exact numbers, Selvan said, “We have seen an uptick in vehicle loans after GST cuts for October. The larger impact of GST cuts on rise in vehicle loans will be known when Q3 results are out. The benefits of GST cuts on advances will be seen in the sale of two-wheeler, passenger cars or consumer durable products. It will not happen where people are investing in assets which are for productive purpose.” The recent reports said the major automobile companies saw a rise in sale of passenger cars and two-wheelers due to GST rationalisation ahead of festive season.
Dit verhaal komt uit de November 17, 2025-editie van The New Indian Express Tadepalligudem.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Tadepalligudem
The New Indian Express Tadepalligudem
Govt may ease SEZ provisions in Budget
THE Ministry of Commerce is pushing to introduce provisions in Budget 2026 aimed at reviving Special Economic Zones (SEZs), amid a steady decline in the number of operational units, as per an official familiar with the matter.
1 mins
January 19, 2026
The New Indian Express Tadepalligudem
India Open mess reflection on poor upkeep & lack of maintenance
UT of all acronyms from an Indian perspective, one, AQI (Air Quality Index), has received a lot of airtime in recent years.
3 mins
January 19, 2026
The New Indian Express Tadepalligudem
Israeli fire near Gaza ceasefire line kills dozens, Palestinians live in fear
A dividing line, at times invisible, can mean life or death for Palestinians in Gaza.
1 mins
January 19, 2026
The New Indian Express Tadepalligudem
The 6-Month Mastery Plan
Astrong CAT performance is rarely built on last-minute intensity.
1 min
January 19, 2026
The New Indian Express Tadepalligudem
Old tax regime still works for high earners
Those with annual salary of more than ₹25 lakh and deductions of ₹8.5 lakh should stick to old regime
2 mins
January 19, 2026
The New Indian Express Tadepalligudem
RTC plans to develop 6 bus stations under PPP mode, unions oppose move
THE Andhra Pradesh State Road Transport Corporation (APSRTC) has proposed the development of six major bus stations across the State under the Public-Private Partnership (PPP) model with an aim to modernise passenger infrastructure and generate additional non-fare revenue.
1 min
January 19, 2026
The New Indian Express Tadepalligudem
Iran protests kill at least 5,000, tensions rise with US
AT least 5,000 people have been killed in protests in Iran, including about 500 security personnel, Reuters reported citing an unnamed Iranian official on Sunday.
1 min
January 19, 2026
The New Indian Express Tadepalligudem
HOW TO DEAL WITH FINANCIAL INSECURITIES
In the first month of the year, there is a flurry of big-picture reports and surveys from global institutions.
2 mins
January 19, 2026
The New Indian Express Tadepalligudem
Fungal disease, torrential rain cut HP apple output by 50%
APPLE production in the disaster-hit Himachal Pradesh declined by approximately 50% this year owing to torrential rains, harsh weather and a severe fungal disease.
2 mins
January 19, 2026
The New Indian Express Tadepalligudem
Video shoot: TTD lodges complaint against two
THE Tirumala Tirupati Dev-asthanams (TTD) has lodged a formal complaint with police against Praveen Kyasa and Sidha Moni Mahinder, two self-styled social media influencers, for allegedly misusing the sanctity of the hill shrine to promote an un-authorised lottery scheme.
1 min
January 19, 2026
Listen
Translate
Change font size