Question
On which date is Income Tax Day or Aaykar Diwas observed
annually across India to mark the introduction of Income Tax in 1860?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.
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