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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The Central Government has launched which of the following app to verify the GST (Goods and Services Tax) Rates under the GST regime?

A) GST Rate Searcher B) GST Rate Explorer
C) GST Rate Finder D) GST Rate Google
 
Answer & Explanation Answer: C) GST Rate Finder

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The GST (Goods and Services Tax), recently passed by Government will be levied on which of the following products?

A) Petroleum Crude B) Tobacco
C) Natural Gas D) Aviation Turbine Fuel
 
Answer & Explanation Answer: B) Tobacco

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

What is FBT (Fringe Benefit Tax)?

Answer

The tax payable on a non-salary benefit provided to an employee or an associate of the employee. The employer is liable to pay any FBT and may choose to recover the FBT amount from the employee.

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Subject: Accounts Payable