Question
Which of the following is true about sales tax and
VAT?Solution
Sales tax was under the state list before the introduction of Value Added Tax (VAT). With the implementation of VAT, it falls under the concurrent list, which means both the central and state governments have the authority to levy and administer it. On the other hand, the sales tax continues to be levied and administered solely by the state governments.
specifically on account of the abuse, (A)/ not to re-run in the December election, (B)/ in the UK several women MPs decided (C)/ threats and a culture o...
Despite the consequences (A) of their actions being quite detrimental (B) to the overall morale of the team, the manager felt it was necessary to reitt...
Revenue expenditure (P)/refers to the excess of government’s(Q)/ Revenue Deficit(R)/over revenue receipts(S).
1. One day Guru Nanak went to a small village.
P. So he went to a small house and knocked at the door.
<...
Which is the THIRD sentence of the paragraph?
Select the option that arranges sentences A, B, C and D in a logical sequence.
A. This reputation overwhelms his record and when people think of ...
Each question is divided into four parts a,b,c,d. In some questions they are not in the sequence so according to grammar and context re- arrangement is...
In the question given below, a set of sentences is given, which when properly sequenced, form a coherent paragraph. Arrange the sentences in the correc...
In the questions given below, a sentence has been broken down into four fragments labelled (A), (B), (C) and (D) and arranged, not necessarily in the c...
Water and steam(P)/ It used(Q)/to mechanise production(R)/ power(S).
