Q. The Direct Taxes Code (DTC) is associated with which tax?
Answer: Income Tax
Notes: The Direct Taxes Code (DTC) was proposed in 2009 to replace the Income Tax Act, 1961. It aimed to simplify and consolidate laws related to direct taxes in India. The DTC focused on income tax and other direct taxes. The DTC Bill was introduced in Parliament in 2010 but has not been enacted as of 2024. Indirect taxes like sales tax and excise duty are not covered.
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📌 Question Number: 14 in 42. India's Tax Regime in the above course in App.

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