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The 'Samman Scheme' announced in 1998 by the Government of India is related to?

A
  

Housing

B
  

Income Tax

C
  

Life Insurance

D
  

Postal Savings

Correct Answer: B

Income Tax

  • The ‘Samman Scheme’ announced in 1998 by the Government of India was related to Income Tax.
  • The scheme was introduced to encourage honest and regular payment of income tax.
  • It aimed to improve the relationship between taxpayers and the Income Tax Department.
  • Honest taxpayers with a good record of tax compliance were recognized under the scheme.
  • The scheme promoted voluntary tax compliance and greater tax awareness among citizens.
  • Housing, Life Insurance, and Postal Savings were not related to the Samman Scheme.

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