July 24, 2022 1:48 PM

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Income Tax Day being observed today; FM Sitharaman appreciates Income Tax Department for implementing various reforms

<span style="color: #222222;">Today is Aaykar Diwas, Income Tax Day. It was introduced in 2010 to commemorate 150 years of Income tax in India. Income tax was first levied as a duty in the year 1860 and the authority to levy I-T came into force on 24th July that year.<br />''<br />''The day is celebrated with several outreach programmes and events to promote the payment of taxes and educate potential taxpayers that payment of taxes is the duty of citizens. By paying the taxes on time, people contribute to the country's progress.<br />''<br />''Income Tax Department has expressed gratitude to all taxpayers for their unstinted support and trust. It called upon everyone to continue to strengthen the nation together.<br />''<br />''In her message on Income Tax Day, Finance Minister Nirmala Sitharaman appreciated the Department for implementing various reforms. She complimented the taxpayers for vindicating the Government's trust-based approach.</span><br />

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