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C Deepak Singh explained the origin of taxation and discussed in detail about how the world and India started collecting taxes. He also explained the present tax scenario and the difference in the tax collection from inception till date. In 1860 India collected Rs 30 lakhs as tax and in 2021 -22, the country collected Rs 14.10 lakh crore as income tax.
Singh quoted Albert Einstein saying, “The hardest thing in the world to understand is the income tax.”
Six students of different departments of RGU presented their views on different aspects of Income Tax. They were felicitated by GG Kamei. The session ended with an engaging quiz round for the participants. Around 300 students from Royal Global University participated in the event.