The Goods and Services Tax (GST) Council recently decided to decriminalise certain offences that are not directly linked to tax evasion and doubled the threshold for launching prosecution to Rs 2 crore, but stopped short of accepting the businesses’ demand for a much more lenient approach on both aspects. GST council is a constitutional body for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The GST Council is chaired by the Union Finance Minister and other members are the Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States.
Consider the following statement about the growth of Core sector?
I. There are eight sectors that are considered the core sectors.
II. The...
Which of the following statements regarding the PM SVANidhi Scheme are incorrect?
1. The scheme is exclusively for urban stree...
Announced on 15th August 2014, _________ is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings...
An MNC (multinational company or corporation) can be defined as a firm which:
The liberalization of the rules relating to FDI permitting ______________% equity in industries.
______________ means complete dependence on another countries rule.
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
What is the primary purpose of classifying PSUs into categories like Maharatna, Navratna, and Miniratna?
Recently Government of India took some initiatives to imperove Sex ratioin the country. Sex Ratio has increased to 937 in 2020-21 from ___ in 2014-15?
According to the Food Safety and Standards Authority of India (FSSAI)’s 4th State Food Safety Index (SFSI), Which state hold the top position?