Consider the following statement with reference to taxation to the Buget 2020
1.Dividend Distribution Tax (DDT) abolished.
2. TAx on cooperative was to be reduced to 22% plus surchage and cess as against 30% at the present.
Which of the given statement is/are correct?

A

only 1

B

only 2

C

Both 1 and 2

D

Neither 1 nor 2