Loading practice questions
ObjectiveMcq
Print Protected
This page is protected for print. Use the website to view the content.
What is the full form of "DTC"?
Correct Answer: D — Direct Tax Code
Explanation:
Direct Tax Code is set of rules that is going to replace the existing Income Tax Act (IT Act). It covers all taxes that is under the present IT Act including corporate income tax and personal income tax. Effort to create a DTC started from 2009 onwards.