Broad Banding means 1 Broadening the tax base 2 Providing flexibility ...........

Economic Affairs Tax System

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'Broad Banding' means

1. Broadening the tax base

2. Providing flexibility to manufacturers to produce allied products so as to ensure optimum capacity

3. Broadening the scope and incentives for exporters to export more

4. Broadening the industrial base of the economy by encouraging imports

1 only

2 only

2 and 4

2, 3 and 4

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Explanation:

1st statement is incorrect.
Broadbanding is the term applied to having extremely wide salary bands, much more encompassing than with traditional salary structures. Whereas a typical salary band has a 40 percent difference in pay between its minimum and maximum, broadbanding would typically have a 100 percent difference.