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FM Releases Coins To Commemorate Completion of 150 Years of Income Tax

Posted on February 26, 2011 at 11:19 AM

The Union Finance Minister Shri Pranab Mukherjee released commemorative coins in denomination of Rs 150 and Rs.5 to mark the completion of year long celebrations of 150 years of Income Tax.

The coins minted under the authority of the Central Government, commemorate “Income Tax – 150 years of Building India.” The reverse faces of the coins bear the portrait of “Chanakya and Lotus with Honeybee” at the centre representing his famous lines, “..... Ideally, governments should collect taxes like a honeybee, which sucks just the right amount of honey from the flower so that both can survive.....”. Just below the portrait of Chankya, the word “Chanakya” is written in Hindi and English. The left and right peripheries of the coins are flanked with words “Income Tax-150 years of Building India” in both Hindi and English.

Thanks to ICN Community member Ramkumar for the release heads up :)

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2:54 AM on April 7, 2011 
Seems Good one
Reply maheswar sahoo
7:18 AM on April 20, 2011 
coin collection is my hobby, i want this for my coin liabrary
Reply yash
4:54 AM on May 17, 2011 
even i want it