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► MCQ Exam ON : General Awareness

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 ?

1)		Capital Gains Tax
2)		Sales Tax
3)		Cash Transaction Tax
4)		Fringe Benefit Tax
5)		None of these

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