question_answer

      In the context of economic liberalization, which of the following is/are the major themes of the fiscal policy?

1. A deliberate move to a regime of reasonable direct tax rates and better administration and enforcement

2. A systematic effort to simplify tax structure and tax laws

A) 1 only                          

B) 2 only

C) 1 and 2            

D)        Neither 1 nor 2