What’s Getting Cheaper After GST Cuts?

Advertisement

In its 56th meeting, the GST Council chaired by Union Finance Minister Nirmala Sitharaman has approved significant tax reductions across key sectors.

Here’s what will cost less now:

Automobiles

• Small cars & motorcycles (≤350cc): GST 28% → 18%
• Buses, trucks & ambulances: 28% → 18%
• Three-wheelers: 28% → 18%
• Auto parts: Uniform 18%

Textiles

• Man-made fibre: 18% → 5%
• Man-made yarn: 12% → 5%

Fertilizers

• Sulfuric acid, nitric acid, ammonia: 18% → 5%

Renewable Energy

• Solar panels, PV cells, windmills, biogas plants and more: 12% → 5%

This move also corrects inverted duty structures in textiles, fertilizers, and renewable energy, while giving relief to both industries and consumers.

Gold Rate

June 24 ,2026 - Time 10.30Hrs

Gold 24 KT ₹ 1 43,600 /-

Gold 22 KT ₹ 1,33,300 /-

Silver/Kg ₹ 2,23,700/-

Platinum ₹ 88,000/-

Recommended rate for Nagpur sarafa Making charges minimum 13% and above

Advertisement

Advertisement

LIVE | NEWS BULLETIN NAGPUR TODAY

रेशीमबाग परिसर के एक भोजनालय में हुई चोरी... #nagpurnews #crime #newsupdate #accusedarrested...

जीजा की गंदी नज़र ने तोड़ा रिश्तों का भरोसा... #nagpurnews #crime #newsupdate...

नागपुर में गिटार टीचर पर पोक्सो का केस #nagpurnews #crime #newsupdate #accusedarrested...

शादी में गया परिवार, पीछे से घर साफ ! #nagpurnews #crime #newsupdate...

₹3.56 करोड़ से ₹125 करोड़! मुआवज़ा घोटाले का बड़ा दावा #newsupdate #news...

Watch More