GST 2.0 is here: Check what gets cheaper and costlier from today

Last Updated: Sep 23 2025 | 11:07 AM IST

From today, September 22, the revamped Goods and Services Tax system comes into effect. The reform slashes tax slabs, cuts rates on hundreds of essential and aspirational items, and exempts insurance policies, while keeping a steep 40% rate on luxury and ‘sin goods’. Here’s what gets cheaper.

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