Economics · Taxation and Fiscal Policy
What did the Tax Reforms Committee (Chelliah Committee) recommend regarding Wealth Tax in 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rationalisation of property tax
- 2Abolition of wealth tax on productive assets✓
- 3Removal of gift tax
- 4Restructuring of estate duty
Correct answer
Abolition of wealth tax on productive assets
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Taxation and Fiscal Policy MCQs →Want more practice questions on Taxation and Fiscal Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Taxation and Fiscal Policy