2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill
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The central Goods and Service Tax bills
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The Payment of Wages (Amendment) Bill
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The Union Territory Goods and Services Tax Bill
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Detailed explanation-1: -The One Hundred and Fifth Amendment (or 105th Constitutional Amendment) to the Constitution of India-officially known as The Constitution (One Hundred and Fifth Amendment) Act, 2021-restored the power of State governments to recognise socially and educationally backward classes (SEBCs).
Detailed explanation-2: -The Bill empowers the centre to impose an additional tax of up to 1%, on the inter-state supply of goods for two years or more. This tax will accrue to states from where the supply originates.
Detailed explanation-3: -The Insurance Laws (Amendment) Bill, 2022, proposes to remove the Rs 100 crore minimum paid-up equity capital requirement for carrying out life insurance, general insurance, and health insurance businesses as part of a significant revamp of the insurance framework.
Detailed explanation-4: -It provides for Village and Municipal Councils in addition to the District and Regional Councils. Village Councils will be established for villages or groups of villages in rural areas, and Municipal Councils will be established in urban areas of each district.