The GST Council on September 20 took an in principle decision to link Aadhaar with registration of taxpayers under GST and also examine the possibility of making the 12-digit unique identification number mandatory for claiming refunds.

The government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and fuelled discontent

No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre

Additionally, the GST Council has reportedly decided to increase the tax rate for caffeinated drinks to 28 per cent from 18 per cent. An additional 12 per cent cess would also be imposed on such beverages

GST Council meet: On top of that 12 per cent of cess would be charged under the new Goods and Services Tax (GST) rules.

Corporate tax cut: Rahul Gandhi further said that no event can hide the economic mess that India has landed in.

GST Council meeting: \"Several decisions have been taken in order to promote tourism,\" FM Nirmala Sitharaman stated before announcing rate cuts on hotel bills

Sensex and Nifty have gained over 5% in today's trade. All 30 scrips under Sensex were trading higher and only 2 Nifty stocks Zee Entertainment and Tata Consultancy Services were trading in the red.

PM can now say he has come to Texas promising lower Taxes, says Jairam Ramesh. \"Is this his 'Trump card'?\" he asks

Reserve Bank of India Governor Shaktikanta Das gave his first reaction to the corporate tax rate cut at the India Today Conclave in Mumbai. Das was speaking at the India Today Conclave when Finance Minister Nirmala Sitharaman made the announcement in Goa ahead of the GST Council meet.

Corporate tax cut: The tax rate has been cut to 22 per cent from the existing 30 per cent. For new manufacturing companies, the existing tax rate of 25 per cent has been brought down to 15 per cent.

The current corporate tax rate is 30%, which has been brought down to 22%. For new manufacturing companies the existing tax rate is 25% which has been brought down to 15%

GST Council meet: The proposed GST tax cuts will have limited impact on government revenue: report

FM Nirmala Sitharaman announced that effective corporate tax rate, inclusive of all surcharges and cess, for the domestic companies would be 25.17%, and that for new manufacturing companies would be 17%

The GST Council fitment panel has rejected the rate cut demand for the auto sector, saying it would lead to revenue loss of Rs 40,000-45,000 crore

The measures include a review of import tariffs on certain items ahead of Prime Minister Narendra Modi's visit to the United States