Скачать или смотреть GST 2.0 Explained: Cars, ACs, TVs & Essentials to Get Cheaper? | Modi’s Diwali Gift | 4K

India is set for a major GST overhaul! In his Independence Day speech, PM Modi announced plans for GST 2.0 — reducing the current four tax slabs to just two: 5% and 18%. This means big savings for households and businesses. Everyday essentials like food, footwear, garments under ₹1,000, stationery, and vaccines will now attract just 5% GST. Big-ticket items such as ACs, TVs, refrigerators, washing machines, mobile phones, cars, and two-wheelers will shift to the 18% bracket, slashing prices. Luxury and sin goods like tobacco and online gaming will face a higher 40% tax. The reforms aim to simplify the tax system, ease burdens, boost demand, and support growth. But the proposal still needs approval from the GST Council. If passed, consumers could see cheaper goods just in time for Diwali!

#gst #gst2 #pmmodi #taxreform #indiabusiness #economy #gstcouncil #indianews #gstupdate #diwali2025

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