With reference to direct taxes in India, consider the following statements: 1. Corporate Tax is a direct tax levied on the net income or profit that corporate enterprises make from their businesses. 2. Securities Transaction Tax (STT) is levied on the value of taxable securities transactions and is collected by the Central Government. 3. Dividend Distribution Tax (DDT) continues to be levied on companies in India as of the current financial year. Which of the statements given above is/are correct?

Options:

• A: 1 and 2 only
• B: 2 and 3 only
• C: 1 and 3 only
• D: 1, 2 and 3

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