7.15pm: New tax rates will come into effect from November 15: Arun Jaitley. 7.13pm: Finance minister Arun Jaitley speaks at the 23rd GST Council meeting in Guwahati. 3.30pm: The Sensex and Nifty got a lift after the GST Council reduced tax rates on a wide range of mass use items. 2.35pm: GST meeting will be path breaking, many crucial decisions in favour of traders, manufactures and consumers will be taken. 1.45pm: “Tax rates should have been set lower from July 1 itself and I have said that 28% tax rate means you are encouraging black marketing,” Delhi deputy chief minister Manish Sisodia said.

Source: Hindustan Times November 10, 2017 08:52 UTC