Monday, December 17, 2018

Post-GST, you save Rs 320 on monthly spend of Rs 8,400

An analysis of household expenditure pre- and post-GST rollout shows tax rates have come down on 83 items — including food and beverages, and daily use goods like hair oil, toothpaste, soap and detergent. On a monthly spending of Rs 8,400 on these, the tax paid under GST is Rs 510. This, compared to the Rs 830 in tax previously, results in a saving of Rs 320.

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