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Here is the translation of the input text from Hindi to English: "Income Tax: Know it: In Vedic times, there was a 'bali-bhag' tax, but the British introduced income tax."

1 sourceSaturday, October 3

The new book by Bhopal-based Income Tax Officer Santosh Nigam explores the tax policy in India from the Vedic period to the modern era, examining not just the name of taxation but also the methods used to determine and collect it over time. The tax was once a share of the produce, while land productivity served as its basis. During the British era, the Income Tax Act was introduced, which has now been replaced by a new Income Tax Act. This book, 'Taxation Journey Through Vedic Period to Modern Era (Rajsv Virasat)', delves into this topic in detail.

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