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Income Tax Day - July 24
July 24 , 2021
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- On July 24, 1860, the income tax was introduced in India by Sir James Wilson
- It was to compensate the British government for the losses incurred during the First War of Independence in 1857.
- It has been celebrated as the Income Tax Day in India since 2010.
- It is observed by the Central Board of Direct Taxes (CBDT). On July 24, 1860, the income tax was introduced in India by Sir James Wilson
- It was to compensate the British government for the losses incurred during the First War of Independence in 1857.
- It has been celebrated as the Income Tax Day in India since 2010.
- It is observed by the Central Board of Direct Taxes (CBDT).
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