The Central Board of Direct Taxes (CBDT) recently observed the 163rd anniversary of Income Tax Day across India. Celebrations included various events such as taxpayer outreach programmes, felicitations, donations to orphanages, and blood donation camps. The Finance Minister highlighted the success of recent reforms in building a trust-based tax system, evidenced by increased tax collections and filed returns. The department was commended for its taxpayer-centric approach and achieving record revenue collection.
163rd Income Tax Day: A journey towards Nation Building
The 163rd anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today. As part of the celebrations, the field formations held a number of events and activities. The events b
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Broadcasts
-
Daily E-Newsletter
-
Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
The CBDT observed the 163rd anniversary of Income Tax Day.
Events included taxpayer outreach, felicitation programmes, donations to orphanages, blood donation camps, medical and vaccination camps, tree plantation drives, and cultural programmes.
The Finance Minister noted that recent reforms have ensured a trust-based tax system, which has been vindicated by improved tax collections and an increase in filed Income Tax Returns.
The Income Tax Department achieved the highest ever net revenue collection of over Rs. 14 lakh crore in the last fiscal year (FY 2021-22).
Prompt redressal of taxpayers' grievances in the spirit of the Taxpayers' Charter remains a top priority.
The department is adopting latest technology such as artificial intelligence and data analytics tools for revenue garnering in a non-intrusive manner.