The new GST Rates implemented in the country from the first day of Navratri have given great relief to the general public. Describing it as a “savings festival”, Prime Minister Narendra Modi said that this will save the countrymen ₹ 2.5 lakh crore annually. Earlier, where relief in income tax was limited to middle class, now this benefit will reach poor and new middle class. FMCG Sector has got the biggest advantage. Now GST has been reduced to just 5% on oil, soap, shampoo, toothpaste and baby products. This will make the monthly Budget of families directly lighter. Electronics like AC, TV, Fridge and Washing Machine have now come in 18% GST Slab instead of 28%-that is, now these goods will also be found cheap. Now there will be no GST on Term Plan, Ulip, Endowment, Health Insurance and Senior Citizen Plans, which has made it even more beneficial to take these plans, although the tax has been increased by 40% Has been done.
Government gift on Navratri became cheaper Insurance, Electronics and Daily Use Products | Paisa Live | Insurance, Electronics and Daily Use Products Get Cheaper as a Government Gift for Navratri
