📌 GST Rate Reset: Old vs New — What It Means for You
📌 GST Rate Reset: Old vs New — What It Means for You Every Indian consumer and business will feel the pulse of GST 2.0 , as the latest Council decisions overhaul rates across essentials, lifestyle goods, and luxury items. Here’s the big picture 👇 🍞 Food & Essentials UHT Milk, Paneer, Pizza bread, Khakhra → From 5%/18% ➝ Nil Parathas & Indian breads → 18% ➝ Nil Butter, Ghee, Cheese, Nuts, Dry Fruits → 12% ➝ 5% ✅ Result: Kitchen staples and healthy foods become lighter on the wallet. 🚜 Agriculture & Fertilizers Diesel engines, Pumps, Sprinklers, Tractors → 12% ➝ 5% Fertilizers, Micronutrients → 18% ➝ 5% 🌱 Result: Lower input costs for farmers = reduced inflation in food supply. 💊 Health & Education Life-saving drugs & equipment → 12%/5% ➝ Nil Oxygen, diagnostic kits, medical devices → 12% ➝ 5% 📚 Erasers, Maps, Notebooks → 5%/12% ➝ Nil ❤️ Result: Healthcare & learning made more affordable. 🛍️ Everyday Household Item...