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Historical Event on 12/27/1990
Central Govt. introduces fresh direct tax proposals to raise additional Rs. 810 crore by raising income tax and fixing limits for deduction of depreciation.

Other Historical Dates and Events
2/1/1942	No. 4 Squadron of the IAF was born in the war at Peshawar. The Squadron was first equipped with Lysander aircraft. The Second World War was in its third year and Japanese forces were advancing towards India's eastern frontiers.
2/26/1857	First Indian Revolution called the Sepoy Mutiny ends in a few months with the fall of Delhi and Lucknow which broke out in Berhampore by the 19th Bengal Infantry.
3/7/1987	Sunil Gavaskar becomes the first batsman to score 10,000 test runs in cricket a match against Pakistan at Ahmedabad.
7/24/1932	Ramkrishna Mission Seva Pratisthan was established for the service of the sick and humanitarian activities.
7/24/1932	Sultan Mahmud of Ghazni passed away in his capital.
11/21/1998	India 'B' beats Sri Lanka 3-2 in the final of the Bristol Freedom Cup four-nation football tournament in Colombo.
10/27/1999	Bahujan Samaj Party (BSP) in Madhya Pradesh splits.
6/6/1969	Sunil Bandacharya Joshi, cricketer (Indian Test left-arm spinner 1996), was born in Gadag.
12/6/1897	Lekhraj Kishanchand Mirchandani (Aziz), famous Sindhi poet, essay writer and critic, was born.
1/24/1952	The first International Film Festival of India held in Bombay, this event had a great impact on Indian Cinema.

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Historical Event on 12/27/1990 Central Govt. introduces fresh direct tax proposals to raise additional Rs. 810 crore by raising income tax and fixing limits for deduction of depreciation.

Historical Event on 12/27/1990
Central Govt. introduces fresh direct tax proposals to raise additional Rs. 810 crore by raising income tax and fixing limits for deduction of depreciation.