What’s inside:
This article shares important updates on the recent GST rate changes and how they benefit consumers through price cuts by major FMCG companies.
Recently, the central government made significant changes to the GST rates, and now the general public is set to benefit directly. Major FMCG companies in India, like Hindustan Unilever, Proctor and Gamble, ITC, and Emami, have announced price cuts on many of their products. These new prices will take effect from September 22.
The companies have released updated product lists showing the reduced prices of various everyday items. The aim is to ensure that consumers enjoy the full benefits of the lowered GST rates.
For example, Proctor & Gamble has reduced the price of its Head and Shoulders shampoo from ₹360 to ₹320. Similarly, Vi