<h1>Next Gen GST reforms consolidate tax slabs, lowering consumer tax burdens and expanding the taxpayer base and collections.</h1> Next Gen GST reforms consolidated indirect tax rates into two primary slabs, moving most goods from 12 per cent to five per cent and many items from the highest slab into 18 per cent, thereby reducing point-of-sale tax burdens and increasing disposable cash; officials report an expanded taxpayer base and higher nominal GST collections attributed to these reforms.