Question: Which of the following electronic company has launched the World’s first GST calculator in India recently?
(a) Samsung
(b) Casio
(c) Nikon
(d) Sony
Answer: (b)
Related facts:
- Japanese electronics company ‘CASIO’ launched the world’s first Goods and Services Tax (GST) calculators (MJ-120GST and MJ-12GST) for the Indian market.
- These GST calculators features in-built GST tabs for all five tax slabs – 0%-, 5%, 12%, 18% and 28%.
- The tax slab buttons on these calculators include GST + 1, GST + 2, GST + 3, GST 4 and are changeable as per industry standards.
- These GST calculators also feature tax-mode application that will help taxpayers and traders to calculate base value of products by deducting tax from MRP and thereby calculating the income.