A
0.1% to 0.5%
B
1% to 2%
C
5% to 10%
D
12% to 18%
Correct answer: (b) 1% to 2%
Explanation
Option B is correct because the BOCW Welfare Cess Act mandates a 1% to 2% tax collected on construction costs to fund welfare schemes. The other percentages do not match the statutory provisions mentioned in the notes.
Same topic · past papers
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