For a Rs.15,000 Diwali budget, shoppers can save Rs.1,050–Rs.1,800, depending on the product. Consumer electronics like TVs, ACs, and dishwashers now carry an 18% GST (down from 28%), offering savings of Rs.2,000–Rs.10,000. For instance, a 43-inch smart TV that cost Rs.40,000 is now Rs.36,000, allowing buyers to splurge on extras like decorative lights or gifts.
Two-wheelers under 350cc also benefit, with GST reduced from 28% to 18%. A 100cc bike priced at Rs.1.05 lakh now costs Rs.94,500, saving buyers Rs.10,500. Small cars and SUVs see similar cuts, with a Rs.7 lakh car now at Rs.6.30 lakh, a Rs.70,000 saving. Showrooms report a 25–70% sales surge due to these changes.
Clothing priced up to Rs.2,500 enjoys a GST drop from 12% to 5%, benefiting both online and offline shoppers equally. Experts like Mukul Sharma highlight that these reductions, part of GST 2.0, lower the tax burden on automobiles from nearly 50% to 18%, boosting household budgets by 10% monthly. Increased consumer spending is expected to drive retail and manufacturing growth this festive season.
Plan your Diwali shopping now to maximize savings on electronics, vehicles, and festive essentials. Visit local showrooms or trusted e-commerce platforms to grab the best deals before stocks run low!
.jpg)
1.jpg)
3.jpg)
