GENERAL KNOWLEDGE

GK

IMPORTANT ACTS OF THE PARLIAMENT OF INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Income-tax Act____
A
1960
B
1961
C
1962
D
1963
Explanation: 

Detailed explanation-1: -The Income Tax Act, 1961 aims to promote economic growth, build a society with full employment, control economic fluctuations, bring stability in prices, and control tax differentiation. The main objective is to amend and consolidate the rules of taxation in the country.

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