Get In Touch

From tax cuts to fast carts: GST 2.0 fuels Premium Online Shopping!

    Share on

With the launch of GST 2.0 on September 22, India’s e-commerce platforms Amazon and Flipkart have seen a remarkable surge in sales. The simplification of tax slabs and price cuts across categories have attracted buyers who are now indulging in premium purchases, including high-end smartphones. 

Quick-commerce (or “q-commerce”) offerings like Flipkart Minutes have also benefited, delivering everything from basic essentials to expensive electronics in minutes. The combination of reduced GST, festive sales, and speed of delivery has made premium devices more accessible and tempting to many consumers.

Meanwhile, e-commerce platforms are working to ensure sellers update product tax codes and pass on the benefits of lower GST rates to end users, while also expanding logistics and fulfilment capabilities. As a result, the early days of GST 2.0 feel not just like a policy change, but a strong boost for consumer sentiment, especially among those eyeing premium purchases.

Post a comment

Your email address will not be published. Required fields are marked *

Economic Sovereignty: India’s Long Battle Through the Ages!

Economic Sovereignty: India’s Long Battle Through the Ages!

India’s history is marked by resistance to external economic control from colonial drain theories to...
India’s $10 Trillion Destiny Hinges on Four Ds!

India’s $10 Trillion Destiny Hinges on Four Ds!

A new report outlines how India’s shift to a $10 trillion economy by 2040 relies...
LxmePay Empowers Women with Smart UPI & Wealth Tools!

LxmePay Empowers Women with Smart UPI & Wealth Tools!

India’s first UPI built specifically for women converts every transaction into savings, digital gold and...
Key Stocks in Focus Amid Market Consolidation!

Key Stocks in Focus Amid Market Consolidation!

Shares of Bharti Airtel, Titan Company, Vedanta Limited, Urban Company and Eicher Motors draw attention...
Beyond Allocations: Deepening Gender Responsive Budgeting!

Beyond Allocations: Deepening Gender Responsive Budgeting!

Gender-responsive budgeting must move past funding quotas to address implementation, data gaps, unpaid care, and...
NPCI raises UPI limits for high-value merchant payments!

NPCI raises UPI limits for high-value merchant payments!

From September 15, NPCI will allow higher UPI transaction limits in select sectors making large...

Login

Don’t you have an account ?

Register