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t. e. 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 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).
Jharkhand state was created as 28th state of India by the Bihar Re-organization Act on 15 November 2000. State was created due to its underdevelopment and social justice. Jharkhand has 5 neighborhood states e.g. Bihar on the North, Orissa on the South, Chhattisgarh and Uttar Pradesh on the west West Bengal on the Ea
The Income Tax Service was established in 1944, and was subsequently reconstituted as the Indian Revenue Service (Income Tax) in 1953. In 1963, given the increasingly complex roles and responsibilities of administering direct tax in India, the Central Board of Direct Taxes was constituted as a statutory body under the Central Board of Revenue ...
Jharkhand Mukti Morcha (2) Arjun Munda: Kharsawan: 12 March 2005 18 September 2006 1 year, 190 days Bharatiya Janata Party: 4 Madhu Koda: Jaganathpur: 18 September 2006 27 August 2008 1 year, 343 days Independent (3) Shibu Soren: did not contest [4] 27 August 2008 19 January 2009 145 days Jharkhand Mukti Morcha – Vacant [c] (President's rule) N/A
The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [2] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [3] and Government is considering to make it more attractive among ...
Jharkhand (/ ˈ dʒ ɑːr k ə n d /; [8] Hindi: [d͡ʒʱɑːɾkʰəɳɖ]; lit. ' the land of forests ') is a state in eastern India. [9] The state shares its border with the states of West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north and Odisha to the south.
Corporate taxes (33.99%) Other taxes (2.83%) Excise taxes (20.84%) Customs duties (17.46%) Other taxes (8.68%) other taxes (11.96%) 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 ...
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
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