HUL, among other FMCG stocks in focus as GST rate cuts bring tax on daily essentials down to 5%
Fast-Moving Consumer Goods stocks may see action. The GST Council reduced tax rates on many everyday items. Rates will fall from 12% or 18% to 5% starting September 22, 2025. This aims to simplify taxes and boost consumption. Items like food, toiletries, and healthcare are affected. The goal is to improve life quality and help FMCG companies.
Fast-Moving Consumer Goods stocks may see action. The GST Council reduced tax rates on many everyday items. Rates will fall from 12% or 18% to 5% starting September 22, 2025. This aims to simplify taxes and boost consumption. Items like food, toiletries, and healthcare are affected. The goal is to improve life quality and help FMCG companies.
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