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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
3/4/1990	Congress (I) gains absolute majority in Arunachal Pradesh; Gegong Apang CM.
8/9/1942	Subhash Chandra Bose (Netaji) forms the Indian National Army in Malaya with the help of the Japanese. He inaugurates the Government of Free India at Singapore.
8/7/1998	The Government announces a banking and foreign exchange package for development of the information technology and software industry following the recommendations of the National Task Force.
10/21/1906	Gandhiji went to England till Nov 30 on deputation to present Indians' case to Colonial Secretary.
11/3/1998	Mamta Banerjee, the TMC leader resigns from Central Coordinating Committee of the BJP and Allies to highlight the issue of spiralling vegetable prices, but Vajpayee refused to accepts the resignation.
6/1/1996	Neelam Sanjiva Reddy, former President of India, passed away.
7/1/1906	Pulavar Kulandai, great author and poet, was born at Bhavani.
5/25/1877	Sir John Lawrence--passenger steamer of McLean & Co. of Calcutta--sank near the coastline of Orrisa in a storm. This ship carried 732 passengers.
6/11/1995	PM leaves for 4-day official visit to France.
3/15/1996	Kashmiri militants and Central govt. hold talks on ending violence and to initiate the democratic process in J&K.

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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.