1) The government set up a committee headed by the Chairman,
Central Board of Direct Taxes
some time back to go into —
1) codification of tax laws
2) the entire structure of tax laws including the question
of imposition of bank tax
3) the concerns of foreign investors in India with regard to
taxation matters
4) aspects of generation of black money, its transfer abroad
and bringing back such money into
India’s legitimate financial system
Ans – 4
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