New 55% Off on All Courses - Enroll Now! Click Here

    Question

    On which date is Income Tax Day or Aaykar Diwas observed

    annually across India to mark the introduction of Income Tax in 1860?
    A March 15 Correct Answer Incorrect Answer
    B July 24 Correct Answer Incorrect Answer
    C June 27 Correct Answer Incorrect Answer
    D May 3 Correct Answer Incorrect Answer
    E April 29 Correct Answer Incorrect Answer

    Solution

    Income Tax Day, or Aaykar Diwas, is observed on July 24 each year in India, commemorating the introduction of Income Tax in 1860. The day marks the 165th anniversary of the establishment of the IT system in India. In 2010, the day was officially designated by the Government of India to honor the 150th anniversary of this system.

    Practice Next