Question
Which of the following is not considered a major
financial center in the Asia-Pacific region?Solution
Johannesburg is not considered a major financial center in the Asia-Pacific region. Tokyo is considered one of the major financial centers in the region and is home to the Tokyo Stock Exchange, one of the largest stock exchanges in the world. Sydney is also a significant financial center in the region, with a strong presence in banking, insurance, and asset management. Mumbai is the financial capital of India and a major center for banking and financial services in the region.
Consider the following statements regarding the GST to be levied on corporate guarantee for subsidiaries and molasses-
I.The GST Council has noti...
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