3 Things

The GST rate cuts, concerns over EC, and SC slams Air India crash report

5 snips
Sep 23, 2025
Siddharth Upasani, a seasoned journalist from The Indian Express, delves into the recent overhaul of the Goods and Services Tax (GST), explaining its potential to simplify tax structures and increase consumer savings. Neerja Chowdhury, a contributing editor with a focus on political institutions, discusses the backlash over Rahul Gandhi's allegations of voter roll manipulation in Karnataka, raising critical questions about the integrity of the Election Commission. The conversation wraps up with the Supreme Court's call for an independent investigation into the tragic Air India crash.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

GST Restructuring Aims To Boost Consumption

  • The GST overhaul removes 12% and 28% slabs and introduces a 40% bracket to simplify and lower indirect taxes.
  • Siddharth Upasani says lower GST rates aim to boost consumption by increasing disposable income, especially for lower-income households.
INSIGHT

Small Reductions Compound Into Meaningful Savings

  • Many everyday packaged foods and dairy items have shifted into 0% or 5% GST, lowering consumer prices across staples and branded goods.
  • Siddharth Upasani argues these collective small reductions add up to meaningful savings and can change buying patterns.
ADVICE

Watch For Price Pass-Through

  • The government will monitor prices to ensure companies pass on GST cuts and has asked firms to publicly adjust prices from September 22.
  • Siddharth Upasani suggests consumers expect brands to reduce prices or lose market share, so watch advertised prices closely.
Get the Snipd Podcast app to discover more snips from this episode
Get the app