Recent reductions in goods and services tax (GST) rates are expected to spur consumer demand by lowering prices across key categories, Isha M. Ambani, executive director of Reliance Retail, said on Friday during the company second quarter results. .

“Reliance Retail delivered a strong performance during the quarter, led by our focus on operational excellence, continued investments in stores and digital platforms, and robust festive buying across consumption baskets. The GST rate changes will further accelerate consumption growth as consumers benefit from lower prices,” she said

The latest round of GST rate cuts, effective September 22, 2025, reduced taxes on a broad range of household items, consumer durables, and automobiles, in an effort to boost discretionary spending and provide reli

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