Goods and Services Tax (GST) Day is observed every year on 1 July to commemorate the implementation of the GST regime in the country. In which year GST idea was first proposed in India to simplify the complex tax system?

Practice MCQ for SSC, UPSC, RRB Exams

A. 1996 A.
B. 2000 B.
C. 2005 C.
D. 2008 D.

Correct Answer: B সঠিক উত্তর: B

Explanation ব্যাখ্যা

Goods and Services Tax (GST) Day is observed every year on 1 July to commemorate the implementation of the GST regime in the country. GST is a comprehensive indirect tax imposed on the supply of goods and services nationwide. GST was implemented in India on July 1, 2017, marking a significant milestone in the country's economic history. The Goods and Services Tax (GST) idea was first proposed in India in the early 2000s to simplify the complex tax system.

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