GST 2.0 Unveiled: TVs, ACs and other electronics to get cheaper, bringing festive relief to middle class ahead of Diwali

Good news for Indian consumers as the government has just announced a major relief for people. The government has said it is cutting Goods and Services Tax (GST) rates on major electronic items under new reforms. Reduction in tax rates on electronic items comes just before the festive season, which may spur increased demand for electronics.