ilmscore | Prediction Details
"As per the new proposal, uh it is expected that we'll be remaining I mean we'll we'll only move to two primary slabs which is 5% and 18%. But they have mentioned that an additional slab that is third slab will be there which will be 40% for luxury or for sin goods. Uh now when I'm saying 12% category will be gone. uh is that going to be a big positive? Answer is yes. Uh whatever are the everyday goods, many of them fall in the 12% category. Uh everyday goods typically FMCG sector, right? So if you're talking about uh stocks something like Britannia, Nestle, Tata consumer, uh if you're talking about big okay all these majority of their FMCG items, packaged foods, dairy products, many of them fall under the 12% category. And as per the expected changes, there's a great possibility that they may fall down to the 5% category."
By CA Rachana Phadke Ranade | August 21, 2025 | Unrated
From video
Big GST Rate Cut by Diwali – What It Means for You! | CA Rachana Ranade 00:02:44 - 00:03:43
Interpreted Prediction
GST on everyday goods, particularly FMCG products, is expected to shift from the 12% category to the 5% category, a potential 7% cut.
AI Evaluation Notes
```json { "unrelated": false, "unrated": false, "is_time_to_evaluate": true, "suggested_check_date": null, "final_price": null, "accuracy_level": "unrated", "reasoning": "I will search for information regarding changes to GST rates on FMCG products to evaluate the prediction's accuracy.

Prediction Details

Topic
GST on everyday goods

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