Key Milestones In The Indian Income Tax System

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24 July 2024

According to the Press Information Bureau of the Government of India, in 1860, Sir James Wilson introduced the income tax system in India


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The Comprehensive Income-tax Act was established in 1922, reforming tax regulations


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The Central Board of Revenue Act was constituted in 1924 for administration


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Group A officers were recruited into the income tax system in 1946


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The IRS (Direct Taxes) Staff College, now National Academy of Direct Taxes, began in 1957


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In 1981, the Income-tax Department initiated its computerization efforts for efficiency


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A Centralised Processing Centre (CPC) was established in Bengaluru in 2009


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The Income Tax Department launched its new national website in 2014


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The "Vivad se Vishwas" scheme was introduced in 2020 to reduce litigation


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A new e-filing portal for taxpayers was launched in 2021


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 ndtv.com