TNPSC Thervupettagam

Income Tax Day - July 24

July 24 , 2021 1219 days 717 0
  • 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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