Multiple Choice Questions on In India the service tax was first introduced in the year ........ for Punjab Government (Allied) Exams Preparation

Indian Economy

General Studies(Punjab Allied)

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Indian Economy - Understanding the basics of Indian economic system

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    In India, the service tax was first introduced in the year:

    1998

    Incorrect Answer

    1996

    Incorrect Answer

    1994

    Correct Answer

    1992

    Incorrect Answer
    Explanation:

    The Service Tax was introduced in India around 21 years back on July 1, 1994 at the recommendations of Dr. Raja Chelliah Committee on tax reforms.


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