Identify Tax Reforms Committee
The committee specifically established to recommend tax reforms in India is the Raja Chelliah Committee.
Key Points:
- The Raja Chelliah Committee, established in 1991, was tasked with recommending reforms to India's tax structure.
- Chaired by Dr. Raja J. Chelliah, its focus was on both direct and indirect taxation, aiming to simplify and rationalize the system.
- This committee is widely recognized for its significant contributions to India's tax policy evolution.
- The other options, Meera Seth Committee (focused on textile reservations), Ghosh Committee (related to banking fraud), and Anand Sinha Committee (related to financial sector reforms, but not specifically tax reforms), are not primarily associated with tax reform initiatives.
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Important Questions from Committees and Recommendation
In order to review the Income Tax Act, 1961 and to draft a new Direct Tax
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The Malimath Committee Report deals with:
