Practice Reforms in labour and tax laws - 4.10.3 | 4. Globalisation and Recent Trends in Business | ICSE 12 Business Studies
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Reforms in labour and tax laws

4.10.3 - Reforms in labour and tax laws

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does GST stand for?

💡 Hint: Think about a comprehensive tax system.

Question 2 Easy

What is one benefit of labour law reforms?

💡 Hint: Consider how it affects businesses.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is one of the purposes of labour law reforms?

Increased bureaucracy
Enhanced compliance
Isolation of businesses

💡 Hint: Consider how these reforms affect business operations.

Question 2

True or False: GST is an indirect tax.

True
False

💡 Hint: Think about how taxes are applied in business transactions.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate how the introduction of GST might change the competitive landscape for local vs. foreign businesses.

💡 Hint: Consider changes in compliance burdens.

Challenge 2 Hard

Discuss the potential drawbacks of increased flexibility in labour laws from a worker's perspective.

💡 Hint: Think about how changes impact individual workers.

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Reference links

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