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What has been the trend of the share of direct taxes in India after the economic reforms?

  1. A
    Increasing
  2. B
    Decreasing
  3. C
    Cannot be determined
  4. D
    Volatile

Solution & Step-by-step Explanation

Following the economic reforms of 1991, the share of direct taxes in India's total tax revenue has shown an increasing trend due to tax structural reforms, widening of the tax base, and better compliance tracking.

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What has been the trend of the share of direct taxes in India after the economic reforms?
A
Increasing
B
Decreasing
C
Cannot be determined
D
Volatile

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