'Bachat Utsav' GST 2.0 Rate Cuts Take Effect: Big relief on daily essentials, cars, insurance—See list

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Daily essentials -- ranging from medicines, packaged food, milk products, toothpaste, soaps and shampoos attract only 5 per cent tax now, instead of the earlier 12-18 per cent. More than three dozen life-saving drugs for cancer, cardiovascular and rare diseases are now fully exempted from the indirect tax.