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Question

For reform of direct and indirect tax laws Government of India constituted __________.

A
Central Board of Direct Tax (CBDT)
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B
Tax Planning Commission
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C
Tax Reform Committee (TRC)
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D
Direct and Indirect Tax Board
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Solution

The correct option is A Tax Reform Committee (TRC)
For reform of direct and indirect tax laws Government of India constituted Tax Reform Committee. This Tax reform committee is also known as Raj Chelliah Committee. This committee helped to lay out agendas concerning India's direct and indirect tax.

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