ICSE Class X Economics 2020 Solved Papers
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Question : 19 of 36
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Mention any two objectives of Goods & Services Tax (GST).
Solution:
Two objectives of GST :
(i) To create a common market with uniform tax rate. i.e, one Nation-one tax.
(ii) To increase the tax base by bringing more number of tax payers and increase tax revenue.
(i) To create a common market with uniform tax rate. i.e, one Nation-one tax.
(ii) To increase the tax base by bringing more number of tax payers and increase tax revenue.
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