New Delhi, Sept. 4 -- In a relief to consumers and common man ahead of the festive season, the gst Council led by Finance Minister Nirmala Sitharaman has decided to reduce GST rates on a number of items.

The 56th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, on Wednesday approved significant rate cuts for items across sectors.

The Council exempted GST on at least 60 goods, including three live-saving drugs and 33 other medicines to make living more affordable for the common man.

In total, there is nil GST on 60 items, reduced from either the 5%, 12% or 18% GST slabs. Read on to check the full list.

The GST council also announced a nil GST rate on all individual life insurance policies whether term l...