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The following are ranks of the officers working in the Income Tax Department of Ministry of Finance (India).Officers are appointed from two different recruiting agencies. Gazetted officers are appointed from Indian Revenue Service (Income Tax) of Union Public Service Commission while non-gazetted officers are recruited by Staff Selection Commissio
The Chairperson, Central Board of Direct Taxes (CBDT) is the senior-most IRS (IT) civil servant in the Government of India.The Chairperson of Central Board of Direct Taxes (CBDT) is the Special Secretary to the Government of India and also cadre controlling authority of the Indian Revenue Service (Income Tax).
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of the Republic of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT
5 August 2023 President, Federation of Indian Chambers of Commerce and Industry: Anish Shah: 10 December 2023 Chairperson, Pension Fund Regulatory and Development Authority: Deepak Mohanty: 20 March 2023 [34] President, Confederation of Indian Industry: R Dinesh: 25 May 2023 [35] President, Associated Chambers of Commerce and Industry: Sanjay Nayar
The Principal Chief Commissioner of Income Tax and senior-most Chief Commissioners of Income Tax are promoted into this grade and have additional responsibilities as per personnel and budgetary targets are concerned. [citation needed] Their equivalent rank at the Union Secretariat is that of a Special Secretary. [citation needed]
Direct tax in the form of an income tax was introduced by the British in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [5] The organizational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act, 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
And heads of households will get a $22,500 standard deduction, up $600 from 2024. Income thresholds for all seven federal tax bracket levels were also revised upward. The top tax rate, which ...
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.