Starting today, GST rate cuts take effect on about 375 items. TV, ACs, smartphones, laptops, medicines, and daily essentials like ghee, paneer, and jam get cheaper. TVs see up to ₹85,000 drop; ACs upto ₹12,450. Medicines for critical diseases now tax-free or 5% GST. However, GST on soft drinks and high-end petrol-diesel vehicles rises to 40%, making them costlier.