On Saturday July 1, India’s new Goods and Services Tax (GST) was officially rolled out. But let’s take a closer look at how GST has impacted prices in different sectors so far. Manufacturers of automobiles and two-wheelers also made significant price cuts thanks to their GST benefits. Hyundai, Tata Motors and Ford India are expected to unveil price cuts in the next couple of days after market leader Maruti Suzuki. ATM withdrawals, cash deposits, credit card services and other such facilities are set to become slightly more expensive post GST.

Source: Forbes July 04, 2017 02:37 UTC