📝 Multiple Choice Question
Economics
The Service Tax, a tax on services like telephone services, stock brokers, health clubs, beauty parlors, dry cleaning services, etc., was introduced in .
A
1992 −93
B
1991 −92
C
1994 −95
D
1993 −94
Explanation
Service tax was first introduced in India in the financial year 1994-95 under Chapter V of the Finance Act, initially applied to only three specific services.
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