Tag: government and taxes
Questions Related to government and taxes
Which of the following statements is correct?
As part of the Taxation Reforms in 1991, the rates of taxation were reduced in respect of_______________.
The VDIS-Voluntary Disclosure of Income Scheme was the brainchild of ______________.
In $2011-12$ direct taxes are around ______% of GDP.
Which of the following is not an effect of simplification of procedural aspects in Taxation?
Suppose a shopkeepers buys inputs worth $Rs. 2,00,000$ and his sales are worth $Rs. 4,00,000$ in a month. The input tax rate is $4$% and output tax rate is $10$%. What is value added tax here after set off of input tax credit?
Which of the following is not part of the Taxation Reforms in 1991?
Transfer payment includes:
________ is not a Direct Tax.
Which of the following is not part of the Taxation Reforms in 1991?