Question
Consider the following statements about Goods
and Services Tax (GST) is/are correct? GST Council is the governing body of GST having 33 members, out of which 2 members are of centre and 31 members are from 28 states and 3 Union territories with legislation. The Kelkar committee recommended the rolling out of GST.Solution
Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and services. GST is a digitalized form of VAT where you can also track goods & services. Goods and services are divided into five different tax slabs for the collection of tax: 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system.
Event (A): The announcements filed by listed companies will be disseminated directly on the NSE website without the exchange's intervention.
E...
Event (A): More than 11.5 lakh saplings are being planned to be planted across the city and school children will be advised to take care of 2 saplings e...
If BIRD is coded as '132' and FISH is coded as '168', then what is the code for 'CAGE'?
Statements:
I. The literacy rate in the district has been increasing for the last four years.
II. The district administration has cond...
Statements:
I) Under Mukhbir Yojana, the government will provide an incentive of up to Rs 2 lakh to anyone who would alert the state authoritie...
Which of the following may be the code for ‘well books’?
Statement: The rail security helpline was flooded with complaints on catering and cleanliness in the trains.
I. Railways has initiated a new ...
In the question below, a situation is given, followed by two statements (1) and (2). You have to take the given statements to be true even if they seem ...
Select the option that is related to the fifth element in the same way as the second element is related to the first element and the fourth element is ...
Event (A): A major reason for diseases like Parkinson’s, which don’t have a cure yet-is aggregation of toxic proteins and inefficient autophagy or ...
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