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Indian Revenue Service (Income Tax)
The Indian Revenue Service (Income Tax) (IAST: ), often abbreviated as IRS (IT), is the administrative revenue service of the Government of India. As a Central Service, it functions under the Department of Revenue of the Ministry of Finance and is under the administrative direction of the Revenue Secretary and the ministerial command of the Minister of Finance. The IRS is primarily responsible for collecting and administering direct taxes accruing to the Government of India. The IRS (Income Tax) is controlled by a statutory body, the Central Board of Direct Taxes (CBDT). The duties of the IRS (IT) include providing tax assistance to taxpayers, pursuing and resolving instances of erroneous or fraudulent tax filings, and formulating and enforcing policy concerning income tax in India. In the 2015 fiscal year, the IRS (IT) processed 3,91,28,247 returns and collected in gross revenue, spending for every it collected. The relative contribution of direct tax to the overall tax col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Revenue Service Logo
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Administrative Service
The Indian Administrative Service (IAS) is the Public administration, administrative arm of the All India Services of Government of India. Considered the premier civil service of India, the IAS is one of the three arms of the All India Services along with the Indian Police Service and the Indian Forest Service. Members of these three services serve the Government of India as well as the individual States and union territories of India, states. IAS officers are also deployed to various government establishments such as Constitutional body (India), constitutional bodies, staff & line agencies, auxiliary bodies, Public sector undertakings in India, public sector units, regulatory agency, regulatory bodies, statute, statutory bodies and autonomous bodies. As with other countries following the parliamentary system of government, the IAS is a part of the permanent bureaucracy of the nation, and is an inseparable part of the Executive (government), executive of the Government of India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax Service, Group 'B'
The Income Tax Service, Group 'B' (Hindi: आयकर सेवा, ग्रुप 'बी') is the revenue service of the Government of India. It is the feeder service of the premier and elite Indian Revenue Service. The service functions under the Department of Revenue in the Union Ministry of Finance and is concerned with the collection and administration of the various direct accruing to the Union Government. All officers of and up to the rank of Income Tax Officer belong to Group B (Income Tax officer (ITO) is gazetted while those below the rank of Income Tax Officer are non-gazetted). On reaching the rank of Assistant Commissioner they are accorded IRS (Group A) by the President of India. http://www.irctc.co.in/ official Ranks of the ITS See also * List of Income Tax Department officer ranks * Civil Services of India * All India Services * Corruption in India Corruption in India is an issue which affects economy of central, state and local government agenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Public Service Commission
The Union Public Service Commission ( ISO: ), commonly abbreviated as UPSC, is India's premier central recruitment agency for recruitment of all the Group 'A' officers under Government of India. It is responsible for appointments to and examinations for all of the Group 'A' posts of all the central government establishments which also includes all of the central public sector undertakings and all of the central autonomous bodies. While Department of Personnel and Training is the central personnel agency in India. The agency's charter is granted by Part XIV of the Constitution of India, titled as ''Services Under the Union and the States.'' The commission is mandated by the Constitution for appointments to the services of the Union and All India Services. It is also required to be consulted by the Government in matters relating to the appointment, transfer, promotion and disciplinary matters. The commission reports directly to the President and can advise the Government t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Civil Service (British India)
The Indian Civil Service (ICS), officially known as the Imperial Civil Service, was the higher civil service of the British Empire in India during British rule in the period between 1858 and 1947. Its members ruled over more than 300 million people in the Presidencies and provinces of British India and were ultimately responsible for overseeing all government activity in the 250 districts that comprised British India. They were appointed under Section XXXII(32) of the Government of India Act 1858, enacted by the British Parliament. The ICS was headed by the Secretary of State for India, a member of the British cabinet. At first almost all the top thousand members of the ICS, known as "Civilians", were British, and had been educated in the best British schools.Surjit Mansingh, ''The A to Z of India'' (2010), pp 288–90 At the time of the creation of India and Pakistan in 1947, the outgoing Government of India's ICS was divided between India and Pakistan. Although these are no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Rebellion Of 1857
The Indian Rebellion of 1857 was a major uprising in India in 1857–58 against the rule of the British East India Company, which functioned as a sovereign power on behalf of the British Crown. The rebellion began on 10 May 1857 in the form of a mutiny of sepoys of the Company's army in the garrison town of Meerut, northeast of Delhi. It then erupted into other mutinies and civilian rebellions chiefly in the upper Gangetic plain and central India, though incidents of revolt also occurred farther north and east. The rebellion posed a considerable threat to British power in that region, and was contained only with the rebels' defeat in Gwalior on 20 June 1858., , and On 1 November 1858, the British granted amnesty to all rebels not involved in murder, though they did not declare the hostilities to have formally ended until 8 July 1859. Its name is contested, and it is variously described as the Sepoy Mutiny, the Indian Mutiny, the Great Rebellion, the Revolt of 1857, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax In India
Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. Income-tax law consists of the 1961 act, Income Tax Rules 1962, Notifications and Circulars issued by the Central Board of Direct Taxes (CBDT), annual Finance Acts, and judicial pronouncements by the Supreme and high courts. The government taxes certain income of individuals, Hindu Undivided Families (HUF's), companies, firms, LLPs, associations, bodies, local authorities and any other juridical person. Personal tax depends on residential status. The CBDT administers the Income Tax Department, which is part of the Ministry of Finance's Department of Revenue. Income tax is a key source of government funding. The Income Tax Department is the central government's largest revenue generator; total tax revenue increased ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Board For Direct Taxes
Taxes in India are levied by the Central Government and the State Governments by virtue of powers conferred to them from the Constitution of India. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Union Government and the State Governments. An important restriction on this power is Article 265 of the Constitution which states that "No tax shall be levied or collected except by the authority of law". Therefore, each tax levied or collected has to be backed by an accompanying law, passed either by the Parliament or the State Legislature. Nonetheless, tax evasion is a massive problem in India, ultimately catalyzing various negative effects on the country. In 2019–20, the Direct tax collections reported by CBDT were approximately INR 12.33 trillion. History India has abolished multiple taxes with passage of time an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statute
A statute is a formal written enactment of a legislative authority that governs the legal entities of a city, state, or country by way of consent. Typically, statutes command or prohibit something, or declare policy. Statutes are rules made by legislative bodies; they are distinguished from case law or precedent, which is decided by courts, and regulations issued by government agencies. Publication and organization In virtually all countries, newly enacted statutes are published and distributed so that everyone can look up the statutory law. This can be done in the form of a government gazette which may include other kinds of legal notices released by the government, or in the form of a series of books whose content is limited to legislative acts. In either form, statutes are traditionally published in chronological order based on date of enactment. A universal problem encountered by lawmakers throughout human history is how to organize published statutes. Such publicat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Tax
Although the actual definitions vary between jurisdictions, in general, a direct tax or income tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which is described as an indirect tax. There is a distinction between direct and indirect tax depending on whether the tax payer is the actual taxpayer or if the amount of tax is supported by a third party, usually a client. The term may be used in economic and political analyses, but does not itself have any legal implications. However, in the United States, the term has special constitutional significance because of a provision in the U.S. Constitution that any ''direct taxes'' imposed by the national government be apportioned among the states on the basis of population. In the European Union direct taxation remains the sole responsibility of member states. General meaning In general, a direct tax is one imposed upon an individual person ( juristic or natural) or property (i.e. real and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Collection
A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. Depending on the jurisdiction, revenue services may be charged with tax collection, investigation of tax evasion, or carrying out audits. In certain instances, they also administer payments to certain relevant individuals (such as statutory sick pay, statutory maternity pay) as well as targeted financial support (welfare) to families and individuals (through payment of tax credits or transfer payments). The chief executive of the revenue agency is usually styled as Commissioner, Minister, Secretary or Director. Revenue services by jurisdiction }, AFIP) , — , - , , State Revenue Committee of Armenia ( hy, Պետական Եկամուտների Կոմիտե (ՊԵԿ)) , — , - , , Australian Taxation Office (ATO) , — , - , , National Board of Revenue , — , - , , Barbados Revenue Authorityb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Civil Services
The Central Civil Services (CCS) is part of Civil Services of India and are concerned directly with the union non-political executive administration and is the permanent Executive body of the federal Government of India. Most of the specialized fields in civil services in India belong to the central services. The highest personnel cadre strength among CCS is with Central Secretariat Service and Indian Revenue Service (IT and C&CE). The Ministry of Personnel, Public Grievances and Pensions is the cadre controlling authority for the Central Secretariat Service, while the rest in CCS is controlled by respective Union Government ministries of India. The Central Civil Services are classified into Group A and Group B, both of which are gazetted. The Government of India approved the formation of an Central Engineering Service cadre Indian Skill Development Service in 2015, Indian Enterprise Development Service. in 2016. Further, the Cabinet of India approved merging 04 railways civil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
