Question
Who will notify the rate of tax to be levied under CGST
Act?Solution
The Central Government determines the rate of tax under the Central Goods and Services Tax (CGST) Act, but it does so based on the recommendations provided by the GST Council. The GST Council is a body that includes representatives from both the Central and State Governments, and it collaboratively decides on GST-related matters, including tax rates. So, the rate of tax is ultimately set by the Central Government, but it follows the guidance and recommendations of the GST Council to ensure a consensus among the states and the central authority.
What is meant by customer lifetime value? Â
The Public Sector Insurance companies in India include:
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
 In which of the following year the Insurance Amendment Act abolished Principal Agencies?
Which of the following is NOT a factor considered in a "burning cost" analysis?
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
Coverage against loss through stealing by individuals not in a position of trust is called?
The New India Assurance Co. Ltd. was a subsidiary of which of the following company?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
The Life Insurance Business is defined in which section of the Insurance Act, 1938?
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