As new GST rates kick in, groceries, medicines, cars get cheaper
New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds.
Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
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Rediff Video Desk
on Mon, 22 Sep 2025 23:37:32 +0530
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Tags: As new GST rates kick in, groceries, medicines, cars get cheaper
