03/09/2025
🌟 Big GST Reform Update 🌟
The Govt. has announced Next-Gen GST Reforms → lowering tax on many essential items, boosting affordability, and supporting farmers & businesses.
📌 Key Highlights:
✅ Daily Essentials – Hair oil, shampoo, ghee, cheese, namkeens, utensils → GST cut from 18/12% ➝ 5%
✅ Healthcare – (18% ➝ ), oxygen, diagnostic kits, glucometers, spectacles → Huge relief
✅ Education – Maps, books, crayons, erasers → GST Nil (was 5–12%)
✅ Farm & Agri – Tractors, tyres, pesticides, irrigation → 18/12% ➝ 5%
✅ Electronics – ACs, TVs >32”, monitors, dishwashers → 28% ➝ 18%
✅ Automobiles – Hybrid cars, 2-wheelers, goods vehicles → down from 28% ➝ 18%
📊 Impact by Sector:
🟢 Positive (Good for Demand): FMCG, Agriculture, Healthcare, Education, Consumer Durables, Auto
🔴 Negative (Lower Pricing Power / Margin pressure): Premium Electronics & Auto OEMs (short term margin hit, but long-term volume boost)
💡 Overall:
This reform improves affordability, boosts consumption, and support
