Question

Income-tax in India was first introduced in ________.

• A. $1947$
• B. $1860$
• C. $1973$
• D. $1857$

Answer 1

The correct option is B $1860$

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.