The GST Council has announced sweeping reforms in India's tax structure, slashing rates on dozens of everyday goods and services, and revising slabs for 'sin' and luxury items. Starting September 22, 2025, groceries, medicines, renewable energy devices, cars, and more get huge tax relief, while items like cigarettes, premium liquor, and luxury vehicles face higher taxes in the new 40% slab. This video breaks down:
- Which essentials are now more affordable
- What will cost more after the overhaul
- Full updated list for 0%, 5%, 18%, and 40% GST slabs
- Impact on home budgets, MSMEs, farmers, youth, and industry
