The overhaul will cut the top GST rate from 28 to 18 per cent, making cars, air con units and fridges cheaper in a bid to boost consumption.

The overhaul will cut the top GST rate from 28 to 18 per cent, making cars, air con units and fridges cheaper in a bid to boost consumption.

MUMBAI: Indian Prime Minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy…