In a bonanza to consumers, the GST Council, comprising the Centre and States, has decided to reduce tax rates on goods and services from September 22, the first day of Navaratri.

Prices of kitchen staples to electronics, from medicines and equipment to automobiles, were supposed to get cheaper from Monday as the reduced Goods and Services Tax (GST) rates on about 375 items come into effect. About 99 percent of goods under the 12 percent GST slab have been moved to 5 percent, while the rejig has also resulted in 90 percent of items under the 28 percent tax slab coming down to the 18 percent bracket.

As the government has announced GST rate cuts on various items to make them more affordable, making sure that these tax cuts actually benefit the common people is a big challenge. This issue i

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