The recent revisions to the Goods and Services Tax (GST) rates have significantly altered consumer purchasing behavior, particularly in the mid-tier electronics market. A report released on January 30, 2026, highlights a 15% decline in demand, prompting stakeholders to reevaluate their market strategies.
In September 2025, the GST Council implemented substantial rate adjustments to streamline the tax system and boost compliance. These changes have become a behavioral turning point, reflecting broader consumer spending trends amid rising prices across various sectors.
