MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
Earn 100

The Goods and Services Tax (GST) proposed to be introduced, covers taxes like:
(a)Trade/Sale Tax
(b)Service Tax
(c)Service, Excise
(d)Service, Excise, VAT

50% studentsanswered this correctly

Important Questions on Indian Economy
MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
Consider the following:
1. Fringe Benefit Tax
2. Interest Tax
3. Securities Transaction Tax
Which of the mentioned above are Direct tax/taxes?

MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT

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UPSC CAPF AC Paper - I
IMPORTANT
1. Ad valorem tax is a tax based on the value of the real estate or personal property.
2. Ad valorem tax is imposed only at the time of a transaction.
Which of the statements given above is/are correct?

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UPSC CAPF AC Paper - I
IMPORTANT

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UPSC CAPF AC Paper - I
IMPORTANT
1. The custom duty is imposed on the commodities produced in India.
2. In the last few years, the importance of the customs duty in the revenue receipts of the Central Government is declined.
Which of the statements given above is/are correct?

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UPSC CAPF AC Paper - I
IMPORTANT

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UPSC CAPF AC Paper - I
IMPORTANT
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies
Which of the statements given above is/are correct in the context of economic recession?

MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
