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Revenue Budget

Government of...

Question

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

A

August, 1957

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B

August, 1971

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C

August, 1981

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D

August, 1991

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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.

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