Lower GST may heat up demand for packaged foods, daily essentials
- Posted on August 15, 2025
- By Business News Today
- 2 Views
Lower GST may heat up demand for packaged foods, daily essentials
Proposed lower GST rates are anticipated to boost demand for packaged food, daily essentials, televisions, and air conditioners, potentially dropping AC and large-screen TV prices by 8-10%. Conversely, luxury handbags and cosmetics may see a price increase due to a possible 40% GST.
