The 'Goods and Services Tax' on electric vehicles is: MCQ with Answer and Explanation

Explanation:
In a progressive tax system, the tax rate increases with an increase in the taxable income, placing a higher burden on higher-income groups.

Explanation:
The Financial Stability and Development Council is chaired by the Union Finance Minister.

Explanation:
Foreign direct investment and portfolio investment are capital account transactions. Software exports, remittances and interest payments form part of the current account.