English हिन्दी
Connect with us

India News

Income Tax Day 2023 : India celebrates Aaykar Diwas

This year, the Income Tax department surpassed its previous year milestone target of filing 3 crore ITRs, days before the deadline.

Published

on

Income Tax Day 2023 – India celebrates Aaykar Diwas

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

This year, the Income Tax department surpassed its previous year milestone target of filing 3 crore ITRs, days before the deadline. This year, the target in income tax return (ITR) filling reached 7 days earlier in the year. Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per cent have been verified electronically, the income tax department said on Wednesday.

Out of the 3.06 crore ITRs filed till 18th July, 2023, 2.81 crore ITRs have been e-verified i.e. more than 91 per cent ITRs filed have been e-verified! Out of the e-verified ITRs, more than 1.50 crore ITRs have already been processed, the I-T department tweeted.

In 1860, on July 24, Sir James Wilson introduced the concept of income tax for the first time ever in India. This initiative was taken to compensate the loss during the first war of Independence (1857) in the British rule.

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, a classified Board for direct taxes called the Central Board of Direct Taxes (CBDT) was introduced under the Central Board of Revenue Act, 1963. This day is significant as it marks the establishment of income tax in the nation. Apart from this, the day offers an opportunity to the officials to educate people about the importance of paying income tax and its role for the government to perform varied departmental tasks.

Every year the I-T department celebrates this day in unique ways. The department across the country conducts several activities to mark this special day.



India News

West Bengal government to stop welfare funds for imams and temple priests

West Bengal’s new government has announced the end of monthly honorariums for imams, muezzins and temple priests as part of a policy shift away from religion-based welfare schemes.

Published

on

The newly formed government in West Bengal has announced that welfare schemes linked to religious identity, including monthly honorariums for imams, muezzins and temple priests, will be discontinued from June.

The policy marks a major shift from the earlier Trinamool Congress government, which had introduced financial assistance programmes for religious functionaries after coming to power in the state.

According to reports, the first such scheme was launched in 2012, under which registered imams in West Bengal received a monthly honorarium of Rs 2,500. Similar support was later extended to muezzins and Hindu temple priests.

The new administration led by Suvendu Adhikari has maintained that government welfare initiatives should not be distributed on the basis of religion.

The announcement comes shortly after the BJP formed the government in West Bengal following the recent Assembly elections.

The decision is expected to trigger political debate in the state, as the honorarium schemes had remained a key issue in Bengal politics for several years.

Continue Reading

India News

ED arrests AAP Goa co-incharge Deepak Singla, Atishi alleges political targeting

AAP leader Deepak Singla was arrested by the Enforcement Directorate following searches linked to an alleged bank fraud case, triggering sharp political reactions from the party leadership.

Published

on

The Enforcement Directorate (ED) on Monday arrested Aam Aadmi Party leader Deepak Singla after carrying out searches at multiple locations in Delhi and Goa in connection with an alleged bank fraud-linked money laundering case.

Singla, who serves as the AAP’s Goa co-incharge, was questioned for several hours before being taken into custody by the agency. Officials said the searches were conducted by the ED’s Delhi Zonal Office-2.

The development comes months before the Goa Assembly elections scheduled next year and has triggered a strong reaction from the AAP leadership.

AAP national convenor Arvind Kejriwal claimed that Singla was being targeted for political reasons and alleged that he was arrested because he refused to join the BJP.

Reacting to the ED action, Atishi accused the BJP of using central agencies against opposition parties in poll-bound states. She alleged that the raids were aimed at intimidating party workers and accessing the party’s organisational data in Goa.

Senior AAP leader Manish Sisodia also criticised the Centre and alleged misuse of institutions such as the ED and CBI against opposition leaders.

According to reports, this is not the first time Deepak Singla has faced scrutiny from the ED. In 2024, the agency had also conducted searches at his residence in connection with the same alleged money laundering investigation.

Continue Reading

India News

10 killed in head-on collision between van and truck on sisaiya–lakhimpur highway

At least 10 people were killed after a van and truck collided head-on on the Sisaiya–Lakhimpur highway in Uttar Pradesh.

Published

on

At least 10 people were killed after a van and a truck collided head-on on the Sisaiya–Lakhimpur National Highway in Uttar Pradesh’s Lakhimpur Kheri district.

The impact of the collision was severe, leading to multiple fatalities on the spot, according to initial reports from the accident site.

Following the crash, local authorities and emergency teams reached the location and initiated rescue operations. The injured were shifted for medical treatment, while efforts were made to clear the damaged vehicles from the highway.

Police have taken cognizance of the incident and further investigation into the cause of the collision is underway.

This incident adds to the growing number of serious road accidents reported on highways in Uttar Pradesh, raising concerns over traffic safety and enforcement in high-speed zones.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com