From tomorrow, September 22, consumers across India will see significant relief as the revised Goods and Services Tax (GST) rates come into effect. The GST Council’s major reform, which reduces four tax slabs to two, will make , including food, automobiles, electronics, medicines, and daily-use products.

GST Rate Rationalisation: What Changes

Union Finance Minister Nirmala Sitharaman confirmed that GST slabs have been streamlined to , with a for luxury and sin goods. Terming the move as a “Diwali gift” to the middle class, she said the changes will simplify tax compliance while directly benefiting consumers.

Items That Will Cost Less From September 22

Food & Dairy Products: Biscuits, butter, ghee, cheese, paneer, dry fruits, ice cream, fruit juices, namkeen, pastries, and jam.

Daily-

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