CURRENT AFFAIRS: IMPORTANT DAYS
Aaykar Diwas (Income Tax Day) – Observed on July 24
- It was on 24th July, 1860 that Income Tax was introduced for the first time in India by Sir James Wilson to compensate for the losses incurred by the British regime during the first war of independence against British Rule.
- The Finance Ministry stated, the week preceding the Aaykar Diwas has been marked by various activities undertaken by the regional offices of the department across the country.
