The Central Board of Direct Taxes (CBDT) observed the 161st Income Tax Day (also known as Aaykar Diwas) on July 24 2021.
Highlights:
In India, the Income Tax Day is celebrated every year on July 24, as it was on July 24 1980, that Income Tax was introduced in India by Sir James Wilson. The purpose of this tax was to compensate for the losses incurred by the British during the 1st war of independence against British Rule in 1857. July 24 was first celebrated as Income Tax day in 2010.