NEW DELHI India has slashed consumption taxes on everyday goods days after being hit with steep U.S. tariffs, in a move analysts say is aimed at boosting demand. The Goods and Services Tax (GST) overhaul will simplify India's complex four-tier system into two slabs and cut levies across sectors, in some cases by more than half, announced Finance Minister Nirmala Sitharaman. The tax cut will make a whole range of key consumers items from soap bars to motorbikes cheaper, but it is likely to