WBCS.LIVE practice question

The Service Tax, a tax on services like telephone services, stock brokers, health clubs, beauty parlors, dry cleaning services, etc; was introduced in ______.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 1991-92
  2. 1992-93
  3. 1993-94
  4. 1994-95

Correct answer and explanation

Correct answer: 1994-95