Most items at the old 12% or 28% are shifting downwards in the revamped new list. For example, bicycles and components fell from 12% to 5%, becoming more accessible for daily commuters. Electronics such as TVs and certain packaged foods also see cuts. The 40% rate will go after goods such as aerated beverages, cigarettes, and luxury cars with large engines, where the tax can go as high as 50% with the cess. The well-balanced strategy seeks to stem excess while encouraging necessary expenditure.