GST Rate Cuts Bring Relief: Middle-Class Families

The recent decisions of the GST Council are set to provide direct financial relief to common households.

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The council’s decision has created significant changes in tax structures for essential commodities.

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The benefits for families extend beyond daily consumption

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Education-related products have also been targeted for relief.

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One of the biggest relief measures is for insurance policyholders. Health and life insurance premiums have been made completely tax-free.

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Household budgets often get stretched by the cost of daily use products

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The average middle-class family spends around ₹2,500 each month on taxable items.

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