EASY
UPSC CAPF AC Paper - I
IMPORTANT
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Consider the following statements
1. The Cooporate tax is gradually decreased since the liberalisation of the Indian economy.
2. The rates of the Cooporate tax of the domestic and foreign companies are different.
Which of the statements given above is/are correct?

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Important Questions on Indian Economy

EASY
UPSC CAPF AC Paper - I
IMPORTANT
Consider the following statements
1. The Union Government of India passed the General Sales Tax in 1956.
2. The General Sales Tax in the State is imposed at special rate on the sale of goods in inter-state trade.
Which of the statements given above is/are correct?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
Which one the following was the chairman of the committee on pricing and taxation of petroleum products?
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UPSC CAPF AC Paper - I
IMPORTANT
Which of the following Mahatama Gandhi series of currency note issued by the RBI has 'ecology' depicted on it?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
Consider the following taxes
1. Wealth tax 2. Estate duty
3. Gift tax
Which of the taxes given above is/are imposed on the property?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
Consider the following statements:
1. Central Excise duty is imposed on the goods produced in the country.
2. The commodities on which State Government impose excise duties are exempted from the Central Excise duties.
Which of the statements given above is/are correct?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
Which one of the following taxes is posed on the commodities in the Indian economy?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
Consider the following statements
1. The General Sale Tax is imposed on all the goods passing through the hands of dealer on his total turnover.
2. Selective Sales tax is imposed on the some selective article in the some states.
Which of the statements given above is/are correct?
EASY
UPSC CAPF AC Paper - I
IMPORTANT

Which of the following taxes are levied and collected by the union, but assigned by the state?
1. Taxes on railway taxes and freights
2. Stamp Duties and Duties of Excise on medicinal and toilet preparations
3. Duties in respect of succession to property other than agricultural land

4. Taxes other than Stamp Duties on transactions in stock exchanges and future markets.
Choose the right answer using the codes given below.