Government Launches SavingsWithGST Portal: Instantly Check How Much You’ll Save After GST 2.0
🖥️ 1. What Is the SavingsWithGST Portal?The SavingsWithGST portal is a government initiative designed to make the benefits of GST 2.0 crystal clear.
- Hosted on MyGov India, the platform compares Base Price, VAT-era Price, and GST 2.0 Price of the same product.
- Users can add items to a virtual cart and instantly see how much they save.
- The government has called it a “Next-Generation GST experience.”
🛒 2. How to Check Your SavingsUsing the portal is simple and user-friendly:Visit the official SavingsWithGST website.Add items like groceries, packaged foods, or essentials to your cart.View three price comparisons:Base Price (without tax)VAT-era Price (old system)Next-Gen GST Price (new system)✅ The difference shows your exact savings.
🥛 3. Example: Milk Before & After GST 2.0Let’s say you add 1 liter of milk to your cart:
- Base Price: Rs 60
- Price under VAT: Rs 63.6
- Price under GST 2.0: Rs 60
📊 4. GST 2.0: Simplified Tax SlabsOne of the highlights of GST 2.0 is its streamlined structure:
- Old GST: 5%, 12%, 18%, 28% slabs
- New GST 2.0: Only two slabs—5% and 18%
- A 40% slab applies only to luxury & sin goods (alcohol, cigarettes, high-end cars).
🇮🇳 5. Why This Reform MattersThe launch of GST 2.0 and its portal follows PM Narendra Modi’s Independence Day speech, where he promised tax reforms to ease inflation pressures.Key benefits include:
- ✅ Transparency: Citizens can track real savings.
- ✅ Relief from inflation: Essentials become cheaper.
- ✅ Financial empowerment: Families can better plan monthly budgets.
🏁 Final TakeawayThe SavingsWithGST portal isn’t just a calculator—it’s a financial awareness tool. By making tax savings visible in everyday purchases, the government ensures that GST 2.0’s benefits reach households directly.From milk and groceries to packaged foods, indian families will feel the relief in their wallets starting september 22.👉 Next time you shop, check the portal—your savings are now just a click away. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.