India’s GST overhaul slashes rates on everyday goods, small cars, boosting consumption and growth overall.

• 28% tax slab removed; many items shift to 5% or 18% rates, simplifying structure significantly.
• Lower taxes on appliances, care, and cement could spur demand, benefiting manufacturers like Samsung and LG.
• Reduced GST may ease inflation, support RBI rate cuts, and add roughly 0.6% to GDP.