Consider the following statements: (1) The GST Council is chaired by the Union Finance Minister, and the Union Minister of State in charge of Revenue or Finance is its member. (2) The GST Council will decide on goods exempt from tax and will also determine the threshold limit of the new tax policy. (3) State governments will have the option to collect VAT, if they so wish.

With reference to 'IFC Masala Bonds', which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are…

Which one of the following does not mainly form a part of Tax Revenue of State Governments in India?

Consider the following statements about innovation and research and development in India: 1. India's rank in Global Innovation Index reported by WIPO has improved significantly between 2015 and 2024.…

Which of the following statements about gift tax in India is correct? 1. Gift tax was abolished in 1998 and re-introduced in 2004. 2. Any gifts received exceeding Rs 1,00,000 in a financial year are…

To ensure that the benefits of GST are passed on to consumers, government established NAA, but from 1st December 2022 all GST anti-profiteering complaints are dealt by which organisation?