Question
Consider the following statements about Cess: I)
Cess is not a permanent source of revenue for the government. II) Cess can be imposed on both indirect and direct taxes. Which of the above statements is/are correct?Solution
Cess is a non-permanent source of revenue, imposed for specific purposes and discontinued once those purposes are fulfilled. It can be levied on both indirect and direct taxes.
The Uttar Pradesh Cabinet approved semiconductor projects by HCL and which other group near Jewar ?
Consider the following in regards to the Kashi Tamil Sangamam (KTS):
1) The second edition of the Kashi Tamil Sangamam (KTS) will be held between...
Who recently took over as the Director of the Central Bureau of Investigation (CBI)?
Recently the Ramgarh Vishdhari Sanctuary was in NEWS. Where is it located?
Which airport in India has been ranked the world ’ s 10th busiest?
The Ministry of Commerce and Industry has set a target of US$ 100 billion in electronics exports by which financial year?
Consider the following statements about an Initiative “ Niveshak Didi ”:
I . This initiative was launched by India Post Payments Bank .
...Which of the following private sector firm has recently launched its super app Meta Market for Advanced Agricultural Services to provide agricultural an...
Which clause in U.S. tax law was referred to as the "revenge tax" on foreign investors?
Bharat Electronics Limited (BEL) has signed an MoU with ____ for co-operation in R&D for the development of emerging technologies and technical solution...
Relevant for Exams:
