Daily Current Affairs on Income Tax Day 2023: Finance Minister Nirmala Sitharaman to lead the celebrations of the day on July 24 for IBPS RRB - Office Assistant/ Clerical Exam Preparation

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Income Tax Day 2023: Finance Minister Nirmala Sitharaman to lead the celebrations of the day on July 24

On the occasion of 164th Income Tax Day celebrations, Finance Minister Nirmala Sitharaman will join the celebration at Plenary Hall, Vigyan Bhawan, New Delhi . 

  • The programme will begin at 6:00 pm today. The day is celebrated every year on 24 July to spread awareness around the importance of taxes and encourage more and more people to pay taxes for the development of the nation. 
  • In 2010, Aaykar Diwas was celebrated for the first time on July 2010 to acknowledge 150 years of income tax in India.
  • The Income Tax Act 1922 was designed with a proper framework of the direct tax administration in India. In 1924, a statutory body, the Central Board of Revenue was established to monitor functions and responsibilities of the department. In 1963.

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