05/09/2025
βNext-Gen GST Reform: A Historic Diwali Gift for Indiaβ
The Government of India has announced a landmark GST reform, being termed as a Historic Diwali Gift for the Nation. The objective is to make everyday living affordable, boost entrepreneurship, and strengthen the vision of Aatmanirbhar Bharat.
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Key Highlights:
1. Daily Essentials at Cheaper Prices
β’ Hair oil, shampoo, toothpaste, toilet soap, shaving cream, etc. β reduced from 18% to 5% GST.
β’ Dairy products like butter, ghee, cheese, spreads, and packaged snacks β down from 12% to 5%.
β’ Baby products (feeding bottles, napkins, diapers) and sewing machines β 12% to 5%.
2. Relief in Healthcare Sector
β’ Health & Life Insurance β 18% to Nil.
β’ Diagnostic kits, oxygen, glucometers, spectacles β now at 5% or Nil GST.
3. Affordable Education
β’ Maps, charts, globes, exercise books, notebooks, pencils, crayons β now Nil GST.
β’ Erasers reduced from 5% to Nil.
4. Uplifting Farmers & Agriculture
β’ Tractor tyres, parts β 18% to 5%.
β’ Tractors, bio-pesticides, irrigation systems β 12% to 5%.
β’ Agricultural machinery β 12% to 5%.
5. Automobiles Made Affordable
β’ Petrol/diesel hybrid, LPG, CNG cars (up to 1200cc petrol/1500cc diesel) β 28% to 18%.
β’ 3-wheelers, motorcycles, goods vehicles β 28% to 18%.
6. Electronic Appliances
β’ ACs, TVs (above 32β), monitors, projectors, washing machines β 28% to 18%.
π‘ Why This Matters?
β’ Direct savings for common households.
β’ Boost for MSMEs, farmers, and students.
β’ Healthcare, education, and agriculture become more accessible.
β’ Strengthens Indiaβs move towards Ease of Living.
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