Categories: Important Days

Aaykar Diwas (Income Tax Day) celebrated by CBDT on July 24

The Central Board of Direct Taxes (CBDT) observed the 161st Income Tax Day (also known as Aaykar Diwas) on 24 July 2021. In India, the Income Tax Day is celebrated every year on July 24, as it was on 24 July 1980 that Income Tax was introduced for the first time in India by Sir James Wilson.

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The purpose of this tax was to compensate for the losses incurred by the British regime during the first war of independence against British Rule in 1857. July 24 was first celebrated as Income Tax day in 2010.

Important takeaways for all competitive exams:

  • Central Board of Direct Taxes chairman: Jagannath Bidyadhar Mohapatra;
  • Central Board of Direct Taxes Established: 1924;
  • Central Board of Direct Taxes Headquarters: New Delhi.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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