Question

    What is the main objective of introducing Goods and

    Services Tax (GST) by a government?
    A To reduce consumer spending Correct Answer Incorrect Answer
    B To complicate the tax system Correct Answer Incorrect Answer
    C To abolish indirect taxes entirely Correct Answer Incorrect Answer
    D To create a more streamlined tax system Correct Answer Incorrect Answer

    Solution

    The primary goal of implementing GST is to create a more streamlined tax system, consolidating various indirect taxes into a single tax, making it easier for businesses and individuals to comply with tax regulations.

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