Television makers are lowering the prices of their products in the range of ₹2,500 to ₹85,000 to pass on the GST cut benefit to consumers, and expect a robust sales during the festival season beginning Monday.In an effort to boost consumption, the GST Council earlier this month, decided to reduce tax rates on goods and services from September 22 — the first day of the Navaratri, leading to price cuts of various items like television and other white goods. The duty on TV sets with screen size above 32 inches ...

In an effort to boost consumption, the TV makers have already announced price cuts in the range of Rs 2,500 to Rs 85,000, depending on the screen sizes and specifications, in order to extend the benefit of a 10 per cent reduction in GST to the consumers. The Moreover, the makers expect consumers with their money saved from the reduced prices would upscale their purchases by going for a bigger screen size TV with additional features.Live Events Leading TV manufacturers, such as Besides, makers also expec ...