Fiscal Deficit is:
Which prograrnme gave the slogan, Garibi Hatao ?
Parallel economy refers to:
In order to control inflationary price rise, Reserve Bank directs Banks to
Which of the following does not come under the GST in India ?
The qualification for the Chairman and the members of the Finance Commission are specified in:
Consider the following statements regarding the Goods and Services Tax (GST) of India:
(i) GST is a successor to VAT used in India on the supply of goods and services.
(ii) GST came into effect from 1st July, 2017 through the implementation of the one hundred and first Amendment of the Constitution of India.
(iii) Every decision of the GST Council is to be taken by a majority of not less than three fourths of the weighted votes of the members present and
voting at the meeting.
(iv) The GST Council is chaired by the Prime Minister of India.
Select the correct statement/statements using the codes given below.
Which of the following sources provides highest tax revenue to Government of India?
Assertion (A) :
The development programmes undertaken in India are oriented towards economic growth along with social justice.
Reason (R) :
Indian economy is afflicted with poverty, unemployment and inequalities.
Select the correct answer from the following options.
Which is the following is direct tax ?