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Home » , , , , , » Direct Tax Code in India is related to which of the following?

Direct Tax Code in India is related to which of the following?

  By GK Planet Team      
Q. Direct Tax Code in India is related to which of the following?
  1. Sales Tax
  2. Income Tax
  3. Excise Tax
  4. Service Tax
Answer: Income Tax
The Direct Taxes Code (DTC) is an attempt by the Government of India (GOI) to simplify the direct tax laws in India. DTC will revise, consolidate and simplify the structure of direct tax laws in India into a single legislation. The DTC, when implemented will replace the Income-tax Act, 1961 (ITA), and other direct tax legislations like the Wealth Tax Act, 1957.
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