Multiple choice

Which Union Budget first announced the introduction of the Goods and Services Tax (GST) from April 1, 2010?

  1. Budget 2002-03

  2. Budget 2005-07

  3. Budget 2007-08

  4. Budget 2009-10

  5. None of these
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C Correct answer
Explanation

The 2007-08 Union Budget (presented by Finance Minister P. Chidambaram) officially announced the implementation of Goods and Services Tax (GST) from April 1, 2010. This was a landmark announcement for India's tax reform, though actual implementation got delayed and eventually happened in 2017. Budget 2009-10 was after this announcement, and Budgets 2002-03 and 2005-07 were too early.

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