Key takeaways from @nsitharaman’s GST rates speech 🧾👇 1️⃣ Reduced to 5% Household items, food, agri goods, handicrafts, renewable energy devices, man-made fibers (essentially unchanged). 2️⃣ Reduced to 0% (Nil) UHT milk, paneer, Indian breads, 33 life-saving drugs (earlier taxed 5–18%). 3️⃣ Reduced to 18% ACs, TVs, dishwashers, small cars, ≤350cc bikes, cement, auto parts. 👉 Larger than 32" TVs, small cars & bikes ~10% cheaper! 4️⃣ Proposed 40% (Sin & Luxury Tax) Pan masala, cigarettes, mid/large ICE cars (>4m sedans & SUVs). 👉 EVs spared → Big push for clean mobility! ⚡️Govt move looks like: ✅ Boosting EV adoption ✅ Discouraging tobacco ✅ Making essentials cheaper What’s your take? Share with friends & family 🔄 Follow me for more such updates. #GSTUpdate #GSTrates #gstcouncilmeet