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The Kelkar proposals were the
recommendations for reforms in the direct taxes.
recommendations for tax reforms
guidelines for the privatization of public sector undertakings
guidelines for reducing vehicular pollution and the promotion of CNG use
Impetus to direct tax reforms in India, came with the recommendations of the Task Force on Direct & Indirect Taxes under the chairmanship of Vijay Kelkar in 2002. The main recommendations of this task force related to the direct taxes related to increasing the income tax exemption limit, rationalization of exemptions, abolition of long term capital gains tax, abolition of wealth tax etc.
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