When was the Direct Tax Code Bill introduced in the Parliament of India?
Options:
2010
2005
2020
2015
Correct Answer:
2010
Explanation:
The correct answer is Option 1 - 2010
The Direct Tax Code Bill was introduced in the Parliament of India in the year 2010.
The Direct Tax Code (DTC) Bill was introduced in the Parliament of India in 2010 with the aim of simplifying and rationalizing the direct tax regime in the country. The bill proposed significant reforms to the existing tax laws, including the Income Tax Act, to make them more transparent, efficient, and taxpayer-friendly.
