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UPSC 2000: The Standing Committee of State Finance Ministers recommended in January 2000 uniform rates across the States in respect of
(a)value-added tax
(b)sales tax
(c)stamp duty and registration fees
(d)agricultural income tax
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Not attemptedCorrect Answer: (b) sales tax
The Standing (Empowered) Committee of State Finance Ministers, meeting in January 2000, recommended that all States adopt uniform ‘floor rates’ of SALES TAX to harmonise the existing tax system prior to the eventual switch to VAT; the recommendation did not pertain to VAT rates themselves, stamp duty or agricultural income tax. ([tribuneindia.com](https://www.tribuneindia.com/2000/20000520/biz.htm?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2000 Indian Economy question?▼
The correct answer is option (b): sales tax. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Taxation question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2000, GS Paper 1, as Question 7. It falls under Indian Economy > Taxation.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Taxation?▼
UPSC has asked 19 questions from Taxation (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.