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<h1>GST reforms: revised tax slabs on essentials and insurance to reorient tax policy toward equity and growth.</h1> Comprehensive GST amendments reclassify rates and reduce taxes on common consumer goods and selected financial products, including personal health and life insurance. The reforms institute revised tax slabs across daily essentials, education, healthcare and agriculture to shift tax incidence toward consumption essentials and to promote a pro-poor, growth-oriented tax framework benefitting households, farmers and businesses.