- Central Board of Direct Taxes (CBDT) is celebrating the 159th Income Tax Day which is also called as Aaykar Diwas.
- Income Tax was introduced for the first time in India by Sir James Wilson on 24th July,1860 to compensate for the losses incurred by the British regime during the first war of independence against British Rule.
- The event will include release of departmental publications, e-journal, publicity kit for outreach programmes among other things.
- CBDT has also launched a “Kardaata e-Sahyog Abhiyan” which will endeavour to assist and support taxpayers and other stakeholders in enabling them to e-file their returns and discharge other tax related obligations.
- CBDT is a statutory authority that functions under the Central Board of Revenue Act,1963.It is a part of the Department of Revenue in the Ministry of Finance.
- CBDT provides inputs for policy and planning of direct taxes in India and is also responsible for the administration of direct tax laws through the Income Tax Department.
