As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation, and conveyance etc. being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now ?

As we know the Government of India has notified certain new rules to c

1.	As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation, and conveyance etc. being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now ?
A.	Capital Gains Tax
B.	Sales Tax
C.	Cash Transaction Tax
D.	Fringe Benefit Tax
E.	None of these
Answer» E. None of these

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As we know the Government of India has notified certain new rules to calculate Income Tax on various perks like accommodation, and conveyance etc. being given by employers to their salaried employees. The new rules will replace which of the following taxes which has been abolished now ?

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