Prime Minister Manmohan Singh recently in a meeting
expressed his desire that an early and smooth Value Added
Tax (VAT) is very much needed in the country. How the
introduction of VAT will be helpful for a country like
India?A) VAT will avoid cascading of taxes.B) VAT is
expected to enhance revenues in the medium term.C) Some
State Governments may have to lose a substantial amount of
Sales Tax as the Centre will have a greater share in taxes,
but the same will be compensated later on by providing
subsidies on certain items.Which of these statements is/are
true?
(1) Only A
(2) Only B
(3) Only A & B
(4) Only C
(5) A, B and C
Answer Posted / guest
( 1 ) Only A
Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
India conducted Military Exercise Garuda Sakthi with which state?
Who are the latest Noble Prize Winners, Padma Awards Winners, Miss India, Miss World, Miss Universe etc.?
Which country has allocated US$ 10 billion to provide relief to its earthquake victims?
Sir,I am rajkumar..I can completed b.tech with it branch i can apply for entrance exan ONGC graduation daharadun.In this exam sep 18.Its ok but iknow doubt sir...in this exam 1)general awarness butgeneral awareness and knowlege it same syllabus sir.... and how prepare general awareness ongc exam ....ple guid me sir send email chilukoti.rajkumar@gmail.com.and what books can be prepare tell fast sir..send me... thank you
Who wrote "Vandematharam" ?
To which field is Padma Vibhushan Yamini Krishna Moorthy related?
how many bones does a human body consist of?
yearily turover of apsrtc
Where is first Railway University located?
What will you say about Kaveri River water dispute?
Which city is called Manchester of India ?
Who is the Governor of Bihar?
hi every one i want a job in abroad? what can i do for that and do i register any consultants for the oppertunity
What is the Currency for Hongkong?
when did the fall of bastille happen?