General Knowledge · Indian Economy
Why is GST considered a unified tax system in India?
- 1Because it combines all direct and indirect taxes into a single rate
- 2Because it completely exempts small businesses from paying tax
- 3Because it brought uniformity in indirect tax rates and rules across the country✓
- 4Because it simplified administrative procedures for income tax filing
Correct answer
Because it brought uniformity in indirect tax rates and rules across the country
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