3.3.3 - Tax Reforms
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Practice Questions
Test your understanding with targeted questions
What is the primary aim of tax reforms introduced in India?
💡 Hint: Think about why tax rates matter.
What does GST stand for?
💡 Hint: It's a comprehensive tax structure.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the purpose of tax reforms in India?
💡 Hint: Think of how changes might help citizens.
True or False: GST combines multiple indirect taxes into a single structure.
💡 Hint: Recall what GST aims to achieve.
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Challenge Problems
Push your limits with advanced challenges
Evaluate how reducing both direct and indirect tax rates would impact small businesses in India.
💡 Hint: Think about cash flow and investment opportunities for small enterprises.
Critique the effectiveness of GST in increasing tax compliance among small traders compared to previous tax systems.
💡 Hint: Consider the barriers to understanding and utilizing new systems effectively.
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