GST 2.0: TV makers slash prices across segments, prices drop up to Rs 85,000

The television companies are set to pass on the 10 per cent benefit of the GST tax slab reduction, from 28 to 18 per cent, to Indian consumers. TV Makers are expected to reduce the price within the range of Rs 2,500 to Rs 85,000, depending on the various TV segments. In addition, they hope for a surge in sales during festive seasons, expecting that consumers will go for a better version of the TV set with their money saved after the price reduction.