🚨Big Tax Update!

Starting this Navratri, GST will have just 2 slabs: 5% & 18%.

👉 Which items move into these new rates?

5% GST on daily essentials like hair oil, toothbrushes, kitchenware and household items. 🪥

18% GST on appliances like ACs, TVs and small cars, earlier this was 28%. 🚗

So, What gets costlier?

High-end luxury cars and goods like tobacco and alcohol will face 40% GST.

How will this impact the market?

Experts call it a gamechanger as taxes will fall and rules will become simplified.

Can it ease tariff impact? 🌍

Yes, by freeing working capital and boosting consumption!

Are you happy with this GST update?🤔

👍Yes
👎No

Source: MoneyControl | Livemint