Answer ALL Questions (III and IV Units)
PART A – (5 x 2 = 10 Marks)
1.      What is indirect tax
2.      What are the methods of VAT calculation
3.      Define strike
4.      What is TIN
5.      List out the deductions can be made from the wages of the workers
Answer ALL Questions
PART B – (13+13+8+6 = 40 Marks)

6. What are the modes of settlement of disputes under the industrial dispute act (13)
7. Describe the methods of calculation of VAT(13)
8. Explain the rules relating to the safety and the health of the workers as per factories act(8)

9. Explain corporate tax planning(6)