Question
The Constitution (101st) Amendment Act, 2016 pertains to
which of the following?Solution
The Constitution (101st) Amendment Act, 2016 introduced provisions related to the Goods and Services Tax (GST) in India. It mandates the central government to compensate states for any revenue loss resulting from the implementation of GST for a period of five years. This compensation is provided through an additional cess on specific goods and services under the GST framework.
What is the primary aim of the PARTH Yojana launched in Madhya Pradesh?
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What significant change did the RBI introduce for UPI Lite transactions in December 2024?
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What major innovation did Woolah Tea of Assam introduce, which earned a 20-year patent?Â