Summary:
GUWAHATI: Income Tax Department celebrates July 24 as the Income Tax Day to mark the anniversary of the creation of the first authority to administer income tax in India in the year 1860. To celebrate this day, Kavita Jha, IRS, Principal Chief Commissioner of Income Tax, North Eastern Region is organizing an array of activities that would include tableaus, street plays, interaction with school students, tree plantation drive and distribution of informative pamphlets. Taxpayers are the bedrock of any nation and the Income Tax Department considers them as partners in nation-building. Income Tax Department is responsible for administering direct taxes laws in India such as the Income Tax Act, Black Money Act and Prohibition of Benami Property Transactions Act. (PIB)Also Read: All you need to know about income tax return filling: slabs, limits, exemptions and rates.