Overview
- State and party officials say the new two-slab GST structure moves most everyday goods into 0% or 5% categories to reduce household costs.
- NTR district’s collector reports full GST exemptions for life, health and family insurance, with life‑saving medicines shifted to zero tax.
- Taxes on medical equipment and diagnostic kits have been cut to 5%, and regular medicines now generally attract 5% GST, officials told hospital audiences.
- Awareness drives and inspections are underway across markets, hospitals and public institutions to verify that retailers pass on the tax reductions.
- Authorities cite a state-level fiscal impact of about ₹8,000 crore and estimate NTR district savings of roughly ₹300 crore under the reforms.