The Tata Altroz and Maruti Baleno are both among the most popular premium hatchbacks in the Indian market. Both are known for their unique features, and whenever someone considers buying a new hatchback, these two cars are sure to come to mind. The recent GST reduction by the central government has led to a significant drop in the prices of both cars.
Starting September 22nd, companies began passing on the GST reduction to customers. This means you can now purchase them at a lower price. If you’re still confused about which car to buy, we’ll provide you with complete details. Let us tell you which car is more affordable.
How much cheaper is the Tata Altroz now
Tata’s premium hatchback, the Altroz, is available in petrol, diesel, and CNG options. You can purchase it with both automatic and manual transmissions. The GST reduction has reduced taxes, which has also reduced its price. The company has announced a significant price cut of ₹110,000 on the Altroz, making it much easier and more affordable to purchase. Its ex-showroom price now starts at ₹6.30 lakh and goes up to ₹10.51 lakh.
How much has the Maruti Baleno price decreased
Maruti offers the Baleno in petrol and CNG options. Like the Altroz, you can buy this car with both automatic and manual transmissions. After the GST cut, the company has reduced its price by ₹86,100, making it even more affordable. Its ex-showroom price now ranges from ₹5.99 lakh to ₹9.10 lakh.
Which car is more affordable
The Altroz’s price has been reduced by ₹110,000, while the Baleno’s price has been reduced by ₹86,100. However, if we look at the current prices of both, the Baleno is more affordable. Its ex-showroom price starts at ₹5.99 lakh, while the Altroz’s ex-showroom price starts at ₹6.30 lakh. So, if you’re on a tight budget, the Maruti Baleno could be a better option.
What changes have been made to GST
Last month, the central government announced a reduction in GST on vehicles, which came into effect on September 22nd, the first day of Navratri. Under the new changes, vehicles with petrol engines up to 1200 cc and diesel engines up to 1500 cc, or vehicles under 4 meters in length, will now be charged only 18 percent GST.
Previously, these vehicles were subject to 28 percent GST plus a 1 percent cess. On the other hand, vehicles over 4 meters in length will now be subject to a 40 percent GST. Previously, these vehicles were taxed at around 45-50 percent, including 28 percent GST and cess. Both the Altroz and Baleno fall into the sub-4 meter category, so their prices have been reduced.