Modi Govt’s Festive Gift: GST Slashed, Making Your Shopping Cheaper | India Today

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Modi Govt's Festive Gift: GST Slashed, Making Your Shopping Cheaper | India Today

The Modi government has announced changes to the GST structure, providing a gift to consumers this festive season. With the rationalisation of GST slabs, many items are now cheaper, as tax rates for numerous goods have been reduced from 12% and 18% to 5%. Reporting from a mall in Noida, this programme explores the real-world impact of these changes on your shopping cart. One expert highlighted the government’s message, stating the Prime Minister said, "’Nagarik Devo Bhaya’, ‘Citizen Devo Bhaya’, meaning thereby this GST 2.0 reform is meant for the citizen, common man." The discussion also covers how the simplification of the tax structure is a significant step and examines the potential economic boost, as increased savings might encourage more consumer spending during the festive period. #gst #gstratecut #festiveseason #shopping #modigovt #consumersavings #taxreform #indianeconomy #noida #festiveshopping #gstsimplified #taxslabs #consumerisking #indiatoday #akshitanandgopal
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