Income-tax in India was first introduced in ________.
A
1947
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
1860
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
1973
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
1857
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B1860 Income tax in India was first introduced in 1860. Income tax refers to the tax levied on personal income. It is a direct tax since the burden of tax cannot be transferred to other persons.