Current Affairs - Important Days - Discussion

24th July 2020 is marked as the 160th Income Tax day or Aaykar Diwas by the Income Tax Department. The Income Tax Day has been celebrated in India on 24th July since 2010. In 2010, The Income Tax Department declared July 24th as the annual Income Tax Day to mark the 150th year of this levy, the income tax was first imposed as a duty and came into force on 24th July 1860.