Question
Who bears the main burden of an indirect tax?
Solution
Indirect taxes like VAT or GST are imposed on goods and services. Though collected by manufacturers or traders, the burden is typically passed on to the consumers, who pay higher prices for the goods.
Conditions when foreign judgment is not conclusive are laid down in which Section of the Code of Civil Procedure, 1908?
Time requisite under the limitation Act means:
As per the definition of undue influence under the Contract Act a person is deemed to be in a position to dominate the will of another________________
Which section of the Insurance Act delas with the provision of alterations in the particulars furnished with application for registration to be reported?
In civil litigation, what is the prescribed time period within which a written statement is generally required to be filed by the defendant?
Under which Act is payment system regulation primarily governed in India?
Which of the following statement is true?
The issue of shares by a company on a discount is prohibited and thus, it shall be________.Â
The subject matter of theft as per IPC can be _______________
Seller is entitled to rent from the property_____.
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