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The main responsibility of the Income Tax Department is to enforce various direct tax laws, most important among these being the Income-tax Act, 1961, to collect revenue for the government of India. It also enforces other economic laws such as the Benami Transactions (Prohibition) Act, 1988 , [ 6 ] and the Black Money Act, 2015 .
The app was developed by the Ministry of Electronics and Information Technology with the National e-Governance Division [4] and launched in November 2017 by Prime Minister Narendra Modi at the Global Conference on Cyberspace in New Delhi. [3] [6] At launch the app offered 162 services from 33 state and central government departments and four ...
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 from ₹ 1,392.26 billion (US$16 billion) in 1997–98 to ₹ 5,889.09 billion (US$67 billion) in 2007–08.
The eligibility to get the EWS certificate is not only purely based on annual family income but also based on the held property. The income limit has been set by the central government for admission to central government-owned colleges and jobs offered by the central government. State governments are given the authority to change the ...
The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year.
The Income Tax Service was established in 1944 and was subsequently re-constituted 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 ...
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Under this scheme, an online job-portal named as National Career Service portal has been launched which acts as a common platform for job-seekers, employers, skill providers, government departments, placement organisations and counsellors. [85] [86] Deendayal Upadhyaya Gram Jyoti Yojana: CS MoP: 2015: Rural Electrification