8:36Long-form

The Real History of India’s Income Tax | How the 1860 Tax Law Led to the Income Tax Act, 1961

IndiaPublished July 17, 2026

Views 1.72K  |  Likes 11  |  Comments 0
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Dhan Ki BaatDhan Ki Baat
6.15K subs126 videosSep 2023

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Did you know that the roots of India’s Income Tax system date back to 1860, during British rule? In this video, discover: * Why was Income Tax introduced in 1860 * Who Sir James Wilson was * The first Income Tax slabs in India * The only tax deduction available at that time * How it evolved into the Income Tax Act, 1…

Published
July 17, 2026
Made for kids
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