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Tata Punch Is Now Tax Free As You Can Save Over 1 Lakh Rupees

Tata Punch Is Now Tax Free As You Can Save Over 1 Lakh Rupees

Tata Punch which is now the most popular car in India and have recently surpassed Wagon R becoming the most sold and the most popular car in India. Tata Punch lost its popularity in June however it regained it in August and became the most popular car of India. Now there’s another good news for the Indians as Tata Punch is now tax free which means the buyers of Tata Punch don’t have to pay any kind of tax while buying the vehicle. Therefore due to this they can save up to 1 lakh which were previously used to pay taxes. 

Tata Punch is the only car which one lakh units were sold in the last six months and no popular cars like swift and wagon r could match the sales of Tata Punch. Moreover now this car can only be purchased from CSD which is known as the Canteen Stores Department. Therefore due to this the price of the car is reduced enormously and people will have to pay only 14% tax instead of 28% tax. 

Here are the CSD prices for the Tata Punch in Delhi as Tata Punch is now tax free. The showroom price for the Tata Punch Pure trim is Rs 6,12,900. But through CSD, it costs Rs 5,32,394. The Creative AMT DT SR trim has a showroom price of Rs 9,89,900. However you can get it for Rs 8,80,762 through CSD. This means you save over Rs 1 lakh in taxes. Let’s look at the CSD prices first.

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The Possible Effect Of Reduction In Prices Of Tata Punch

Reducing the prices of the Tata Punch will make it more affordable for many people. When a car becomes cheaper more people can buy it. And this increase in affordability will likely lead to higher consumer demand. More people will be interested in purchasing the Tata Punch because it fits better within their budget. As demand goes up sales of the Tata Punch will also rise as more units sold means more revenue for Tata Motors. This could also help the company strengthen its position in the market. With more cars on the road the visibility of the Tata Punch will increase therefore attracting even more buyers.

Additionally a price reduction can make the Tata Punch more competitive against other cars in its segment. When people see that they can get a good car at a lower price they might choose the Tata Punch over other options. This can lead to a shift in market dynamics with Tata Punch throwing other cars out of the market like Swift and Wagon R and becoming a monopoly. Overall  lowering the prices of the Tata Punch can have a positive impact on both consumers and Tata Motors. Consumers get a quality car at a lower price and Tata Motors sees an increase in sales and market presence. It’s a win-win situation for everyone involved.

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Founder & Editor
I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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