Hybrid car price to rise, buy before 30th June

Prices of hybrid cars set to rise in GST regime. E.g. Honda Accord will cost 45-47 lacs against today’s cost of 37 lacs. Government so far provided tax benefits for hybrid cars as they are termed as environment friendly cars & thus the cost was less however due to many mild hybrid cars being manufactured for the sake of tax benefit, government decided to revise the tax.

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