Question
Which statement is not correct with respect to the goods
and services tax (GST)?Solution
• GST: • It is known as One Hundred and First Amendment Act, 2016. • GST was in effect in India from 1 July 2017. • It is an Indirect Tax which replaced many Indirect Taxes in India. • Salient features of GST:  GST will be collected by VAT method  States will get compensation for the loss of revenue for a period of five years arising on account of implementation of the Goods and Services Tax. Integrated GST (IGST) will be levied and administered by the centre on every inter- state supply of goods and services.
Which of the following lends money to middle-income countries at interest rates lower than the rates on loans from commercial banks?
USSR was disintegrated in the period ______?
The inaugural officeholder of the chairperson of State Bank of India was?
Which of the following bank renamed and nationalised as the State Bank of India in 1955?
Which of the following global e-commerce company becomes world's first listed firm to lose $1 trillion in market cap?
Which of the following is the effective annualised rate charged to the borrower of a digital loan?
Securities and Exchange Board of India (SEBI) works under the administrative domain of which ministry?
Trade Facilitation Agreement (TFA), was confirmed in _________ in December 2013 at the Ninth Ministerial Conference.
What dividend per share did SBI declare for FY 2024–25?Â
Which of the following are instruments that facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, etc....