Small business owners and middle-class families are celebrating the reduced GST rates, which will increase savings, purchasing power, and affordability of essential goods and real estate.
Gst CutsMiddleclass ReliefSavingsReal EstateFestive SeasonReal EstateSep 22, 2025
The GST cuts came into effect from the first day of Navratri.
The reduced GST rates will help small business owners by increasing their savings and making essential goods and real estate more affordable, thus boosting their purchasing power.
Day-to-day expenses are expected to drop significantly, especially for essential goods and materials like cement, wood, stone, and AC blocks, with GST rates reduced from 12-28 per cent to as low as 5 per cent.
The reforms will benefit middle-class families by increasing their savings, purchasing power, and making essential goods and housing projects more affordable.
The significance of these changes is that they provide financial relief and joy during the festive season, making celebrations like Navratri and Diwali more enjoyable for all families.
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