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Q: When was the Direct Tax Code Bill introduced in the Indian Parliament?
  • A. 2010
  • B. 2005
  • C. 2020
  • D. 2015
Correct Answer: Option A - The Direct Taxes Code Bill was introduced in the Indian Parliament in 2010. This bill replaces the Income Tax Act 1961 and the Wealth Tax Act, 1957.
A. The Direct Taxes Code Bill was introduced in the Indian Parliament in 2010. This bill replaces the Income Tax Act 1961 and the Wealth Tax Act, 1957.

Explanations:

The Direct Taxes Code Bill was introduced in the Indian Parliament in 2010. This bill replaces the Income Tax Act 1961 and the Wealth Tax Act, 1957.