With reference to the tax revenues of the government of India, which among the following is / are correct observations: 1. The share of Direct Taxes in total tax collection is more than that of indirect taxes 2. The share of corporation tax in total direct taxes is more than that of income tax Select the correct option from the codes given below:

Answer: [C] Both 1 & 2

This question is a part of GKToday's Integrated IAS General Studies Module