VAT is a multi-stage tax system where tax is paid only on the value added at each stage. This is different from a single-stage sales tax.
The VAT stands for:
Asked in Research Assistant 2014 · Topic: Planning (Achievements and Failures of Planning in India)
More Economic Development questions
- During which Five Year Plan, India has achieved the maximum per-capita growth rate?
- In which one of the Five Year Plans, was the EXIM Bank established in India ?
- Annual rate of inflation during 9th and 10th Plan in India was
- Which Five Year Plan had a unique feature to lay down specific targets for each state in consultation with the State Government ?
- Which of the following are associated with 'Planning' in India? The Finance Commission 1. The National Development Council 2. The Union Ministry of Rural Develop‐ 3. ment The Union Ministry of Urban Develop‐ 4. ment The Parliament 5. Select the correct answer using the code given below.
- In which of the following plans did India experience two successive wars ?
- The first plan holiday in independent India covered the period –
- The Planning Commission of India had introduced the decentralised planning in the country for the first time in India during ____ Five Year Plan.