8-10% price drop expected for smart TVs in India. GST Council cut tax on TVs over 32 inches from 28% to 18%. A ₹35,000 43-inch TV will cost ₹3,500 less. TV makers Sony, Hisense, and LG predict higher sales this Diwali. Indians prefer larger TVs over 43 inches due to OTT use. The tax cut aims to boost TV sales and help India's electronics industry grow. 32-inch TVs will still have 18% tax. Companies plan more marketing for the festive season to attract buyers. (Updated 6 Sep 2025, 09:08 IST; source: link)
Key Points
- 8-10% price drop expected for smart TVs in India
- GST Council cut tax on TVs over 32 inches from 28% to 18%
- A ₹35,000 43-inch TV will cost ₹3,500 less