The correct answer is: c) 15%
The Value Added Tax (VAT) is a consumption tax levied on most goods and services sold in India. The rate of VAT varies from state to state, and in Odisha, the current rate is 15%.
The VAT is a destination-based tax, which means that it is levied on the value added to goods and services at the point of consumption. The tax is collected by the state government in which the goods or services are consumed.
The VAT is a major source of revenue for the state government, and it is used to fund a variety of government services, such as education, healthcare, and infrastructure.
The VAT is a complex tax, and it can be difficult to understand and comply with. However, it is an important part of the Indian tax system, and it plays a significant role in the Indian economy.
The other options are incorrect because they are not the current rate of VAT in Odisha.