Tax revamp to promote healthier lifestyles
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New Delhi: The GST reductions are more than tax changes — they are transformational enablers that improve affordability, enhance mobility, promote healthier lifestyles and strengthen key industries, the government said on Sunday.
By lowering GST rates on gyms/fitness centres, two-wheelers, and small cars, the Government has not only reduced the financial burden on households but also advanced its long-term vision of promoting healthier lifestyles, affordable transportation, and improved ease of living. These steps will directly benefit the middle class, youth, and working professionals, while also stimulating demand in key sectors of the economy, according to the government.
The GST reduction on gyms and fitness centres from 18 per cent to 5 per cent marks a decisive step towards building a healthier and more active India.
Fitness, which was earlier considered a luxury by many, is now being made accessible to wider sections of society.
