Question
General sales tax is a form of:
Solution
General Sales tax (GST) is a form of consumption tax . From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution.
Which bank received the RBI’s ‘in-principle’ approval to convert into a Small Finance Bank (SFB)?Â
________Â has signed a MoU with Amazon Kisan to combine strengths and create synergy between the two organizations for guiding the farmers on the scien...
What is the primary objective of the $100 million credit facility agreement between SIDBI and AFD?
The Cabinet has approved a revival plan for the state-run Bharat Sanchar Nigam Ltd (BSNL) worth ______ including an allotment of 4G/5G spectrum for BS...
NRI deposit inflows during April–October FY26 stood at what amount, according to RBI data?Â
When was the MoU between C-DOT and IIT Gandhinagar signed to establish a Centre of Excellence in telecom and cybersecurity?Â
Which Indian state received the IESA Industry Excellence Award 2025 for leadership in battery manufacturing?
SEBI has proposed sharing stock price data for educational purposes with what uniform time lag? Â
What is the new maximum wallet limit for UPI Lite transactions as announced by the RBI?
What key area is the MoPR-IIM Ahmedabad training program focused on?Â
Relevant for Exams:
