Households across India will experience a relief of 27 to 30% in taxes due to GST 2.0, according to a joint report by The Federation of Indian Chambers of Commerce and Industry’s Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICCI CASCADE) and the Thought Arbitrage Research Institute (TARI). The report said that GST 2.0 has lowered the tax burden on essential and discretionary items, making them more accessible to households.