MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Revenue Budget

Government of...

Question

Government of India constituted a Tax Reforms Committee (TRC) in ________.

A

August, 1957

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

August, 1971

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

August, 1981

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

August, 1991

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is A August, 1991
Government of India constituted a Tax Reforms Committee (TRC) in August, 1991. Tax Reform Committee is also known as Raj Chelliah Committee. It is formed in order to reform direct and indirect taxes prevailing in India.

Suggest Corrections

thumbs-up

0

Similar questions

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

Q. To make India a cashless economy by pushing cashless transaction, which committee has been constituted by the government?

Q. In order to review the Income tax Act, 1961 and to draft a new Direct Tax law in consonance with economic needs of the country, the Government of India in November 2017 has constituted a Task Force. Who among the following is made the convenor of it?

Q. Chairman of Tax Reform Committee was ________.

Q. Assertion (A): Muslim league welcomed certain clauses of the August offer.

Reason (R):August offer included a assurance that all Constitutional reforms will be carried out in agreement of minority sections.

Choose the correct option :

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Revenue budget

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon