GST rate cut, Sept. 22 -- The Indian government's GST Council announced on 3 September 2025 that the nation's goods and services tax (GST) structure will change to a 'two-tier' system. These GST reforms were implemented on Monday, 22 September 2025.

Under the updated GST regime, goods sold in the nation will be subject to two tax rates of 5% and 18%, compared to the earlier multi-level tax structure. Effective today, the people of the nation will witness price cuts in multiple products sold as the government has put many items under the lower tax rate.

Amid the talks related to the impact of the GST cuts on the companies and the commodity prices, the question arises of how much the common man will save from this central government initi...