Tax Reforms and Compliance — Prelims Questions

Consider the following statements about India's tax reforms: 1. The Kelkar Committee recommended implementation of both Direct Tax Code and Goods and Services Tax 2. Faceless assessment scheme was introduced to eliminate human interface in all tax assessment proceedings 3. The new personal tax regime offers lower rates but eliminates most deductions and exemptions 4. Tax-to-GDP ratio has consistently increased since 1991 reforms Which of the statements given above are correct?

Which of the following best describes the primary objective of India's tax reforms since 1991?

The Tax Administration Reform Commission (TARC) primarily focused on:

Consider the following about faceless assessment: 1. It completely eliminates human interface in all tax assessment cases 2. It uses artificial intelligence for case selection and risk assessment 3. It allows taxpayers to submit documents and attend hearings online 4. It has been implemented only for high-value assessment cases Which of the statements given above are correct?

The concept of 'tax buoyancy' in the context of Indian tax reforms refers to: