19
Aug
New Delhi: Appliance makers are expecting good sales in the festive season, thanks to the government's proposal to reduce the GST slab on air conditioners from the current 28 per cent to 18 per cent. This will lead to a reduction in prices by Rs 1,500 to Rs 2,500, depending on the model. Also, this reduction in prices after the recent income tax cut and repo rate revision by the government will not only help increase the reach of ACs but will also promote premium ACs, where people will buy energy-efficient models due to cost benefits. Also, this will help…
