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Which of the following components are true about tax planning?
1. Tax planning is the process of analyzing a financial plan or a situation from a tax perspective.
2. The objective of tax planning is to make sure there is tax efficiency. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency.
3. Reducing tax liability and increasing the ability to make contributions towards retirement plans are critical for success.
4. Tax planning comprises various considerations such as size, the timing of income, timing of purchases, and planning are concerned with other kinds of expenditures.
5. The chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome.
In the following question, the 1st and the last part of the sentence/ passage are numbered 1 and 6. The rest of the sentence/passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct. 1. The Goods and Services Tax (GST) is imposed on the supply of products and/or services within the country. P. This can be achieved by charging uniform tax rates and eliminating economic barriers. Q. The objective of GST is to drive India towards becoming an integrated economy. R. These include Service Tax, Purchase Tax, Central Excise Duty, Value Added Tax, Entry Tax, Luxury Tax, Local Body Taxes, etc. S. It subsumes multiple indirect taxes that are imposed by the State Governments or the Central Government 6. Thus, it will make the country a common national market
In the following question, sentences of a paragraph have been jumbled and labeled as A, B, C, and D. You are required to rearrange the jumbled sentences in the right order to form a meaningful and coherent paragraph and mark your response accordingly by selecting the correct option. A. The sellers usually add the tax expense into their costs, and the price the customers pay is inclusive of GST. B. The concept of GST is that it is an “Indirect Tax”, ie, this tax is not directly paid by customers to the government, but is rather levied on the manufacturer or seller goods and the providers of services. C. GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc. D. Thus, in most cases, you end up paying a tax even if you are not an income taxpayer.
The following sentences form a paragraph. They are numbered a P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in a correct order. P. Also, the customers will have funds to spend because of lower tax rates.  Q. The Goods and Services Tax (GST) is an indirect tax which entails that the tax is approved till the last stage where it is the purchaser of the goods and services who bears the tax. R. It will substitute most other indirect taxes and synchronize the differential tax rates on mass-produced goods and services. S. The government of India claims that GST will enhance Indian GDP by 2%.
What is correct about the dismissal of Vice President of Municipal Council ? a. He may be dismissed by No confidence motion. b. Signature of 1/6 members of council is essential in the resolution to introduce the No confidence motion. c. Signature of 1/10 members of council is essential in the resolution to introduce the No confidence motion. d. No confidence motion should be accepted by the Council by 2/3 majority. e. No confidence motion should be accepted by the Council by 3/4 majority. f. No confidence motion should be Passed by more than half of the total elected members and 2/3 majority of the members present and voting.
Which of the following statements is not true with regard to Highways and Roads? (i)  National Highways connect the state capitals, major cities, important ports, railway junctions, etc constitute about 1% of total road length in India. (ii) State Highways join the state capitals with district headquarters and other important towns constitute about 4% of total road length in India. (iii) District roads are the connecting link between District Headquarters and the other important nodes in the district and constitute about 14% of total road length in India. (iv) Rural roads are vital for providing links in rural areas and constitute about 80 per cent of the total road length in India 
Which of the following are the provisions of Article-164 of the Constitution ? (a) The Chief Minister shall be appointed by the Governor and the other Ministers shall be appointed by the Governor on the advise of the Chief Minister. (b) It shall be the duty of the Chief Minister to communicate to the Governor all decisions of the Council of ministers relating to administration of the state. (c) The Council of Ministers shall be collectively responsible to the Legislative Assembly of the state. (d) The total number of Ministers including Chief Minister shall not exceed fifteen per cent of the total number of members of the Legislative Assembly of the state.  
What is correct about the tenure of municipal council? i. The tenure of municipal council is counted from the date of declaration of election result. ii. The tenure of municipal council is counted from the date of its first meeting. iii. The tenure of municipal council is 5 years. iv. If municipal council is dissolved in two years, then new municipal council will be organised for three years. v. If municipal council is dissolved in two years, then new municipal council will be organised for 5 years.
Which of the following statements are correct regarding Economic and Social Council of UN?
1. The Council has 54 members.
2. The Council generally hold several short sessions and many preparatory meetings and panel discussions with the members of civil society throughout the year.
3. It also holds a three-week substantive session in July.
4. Voting in the Council is by simple majority, each member has one vote.
Select the correct answer:
With reference to the State Legislative Council in India, which among the following statements is / are correct? (A) The Legislative Council is a continuing House & two-third of the members retire in two years. (B) Members of local bodies elect one-third of the total number of members of the legislative council (C) If a state legislative council is to be created or abolished, a resolution to that effect is to be first passed by the State legislature by a two-thirds majority Choose the correct option from the options given below: