Which of the following is not the recommendation of the task force on direct taxes under the chairmanship of Dr. Vijay Kelkar in the year 2002? Options: A . &nbspAbolition of wealth tax B . &nbspElimination of standard deduction C . &nbspExemption from tax on dividends and capital gains from the listed equity D . &nbspIncrease in the exemption limit of personal income to ` 1.20 lakh for widows

Which of the following is not the recommendation of the task force on direct tax

Question

Which of the following is not the recommendation of the task force on direct taxes under the chairmanship of Dr. Vijay Kelkar in the year 2002?

Options:

A . Abolition of wealth tax

B . Elimination of standard deduction

C . Exemption from tax on dividends and capital gains from the listed equity

D . Increase in the exemption limit of personal income to ` 1.20 lakh for widows

Answer: Option D
Answer: (d)

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