165th Income Tax Foundation Daycelebrated with enthusiasm

 

 

 

THE 165th Income Tax Foundation Day was celebrated with enthusiasm and great zeal onWednesday in the premises of Aayakar Bhawan, Civil Lines, Nagpur. Ravi Agrawal, Chairman Central Board of Direct Taxes (CBDT ), New Delhi addressed the departmental officers and officials through video message. Parminder, Principal Chief Commissioner of Income Tax, Nagpur presided over the function. Renowned Neuro Physician Dr Chandrashekar Meshram and Padmashree awardee was the chief guest of the function. In 1860, Income Tax was first introduced by Britishers by Sir JamesWilson. In that year total collection was Rs 10 lakh. Thereafter, in 1922 the Income Tax Act was passed which was replaced by the present Income Tax Act, 1961.

 

Top 5 taxpayers of Vidarbha region, as selected by the Central Board of Direct Taxes, New Delhi under various categories were honoured with Aayakar Praman Patra and momento. The chief guest in his address enhanced the importance of direct taxes collection in day to day functioning of the Government.The revenue thus collected is used for infrastructure growth, health sectors, education, transport network and overall nation building process. He further stressed that it’s the duty of every citizen of the country to come forward and pay their respective tax dues, if any, on time. The direct tax collection today stands at Rs 20 lakh crore. A cultural programme was also part of the function. The function was attended by all senior officers and staff of the Income Tax department.