Which day is observed as ‘National Income Tax Day’ every year?
24 July
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Since 2010, India observes National Income Tax Day on July 24, commemorating the first imposition of income tax by Sir James Wilson in 1860. The day highlights the importance of timely tax payments for national development. The first observance marked the 150th anniversary in 2010. The Income Tax Act of 1922 established the framework for direct tax administration, later consolidated by the 1961 Act after Independence.
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