Question
Section 66 of the Chhattisgarh Excise Act 1915 relates
to:ÂSolution
Chhattisgarh Excise Act, 1915 S. 61D. Exemption of members of the Scheduled Tribes from certain provisions of the Act. Â (1) The provisions of this Act in respect of manufacture of country spirit by distillation, its possession and consumption shall not apply to the members of the Scheduled Tribes in the Scheduled Areas. (2) The members of the Scheduled Tribes in the Scheduled Areas may manufacture country spirit by distillation subject to the following conditions, namely;- (i) Manufacture of country spirit shall be for the purpose of domestic consumption and for consumption at social and religious functions only by the members of the Scheduled Tribes in the Scheduled Areas; (ii) Country spirit so manufactured shall not be sold; (iii) The maximum limit for possession of country spirit so manufactured at any time shall be 5 litres per household.
If the marginal propensity to consume (MPC) is 0.75 and the tax rate is 0.20, the value of the tax multiplier is:
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
The substitution effect for a commodity is
What is the term used when explanatory variable is correlated with the error term?
When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
...A 'Credit Rating Agency' like CRISIL or ICRA primarily assesses:
Suppose after paying bills and setting aside some money for retirement, Joana has $130 left to spend on just two goods: concerts and books. For simplici...