Roti, kapda aur makan: The firepower India's common man got as Diwali gift

  • Posted on September 4, 2025
  • By Business News Today
  • 4 Views
Roti, kapda aur makan: The firepower India's common man got as Diwali gift

GST rates slashed: India's GST revamp, dubbed the 'Great Savings Tax,' is easing the financial burden on the middle class. Reduced rates on essentials like food and clothing could save urban families 7-8% and rural families 5-6% monthly. This, coupled with income tax relief and lower interest rates, aims to boost consumption and savings, potentially transforming India into a middle-class-driven economy.
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