Q. The Government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into-

  • (A) Codification of tax laws
  • (B) The concerns of the foreign investors in India with regard to taxation matters
  • (C) The entire structure of tax laws including the question of imposition of bank tax
  • (D) Aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system
βœ… Correct Answer: (D) Aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system

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