Income tax officer salary in India

Income Tax Officer Salary In India

Salary of Income-tax Officer

Introduction

The income tax agency’s major function is to accumulate money in India by enforcing different direct taxes, including those that come under the Income-tax Act of 1961. The tax department, often known as the IT department, seems to be a governmental body that gathers direct taxes and is a component of the revenue sector of the minister of finance. The day-to-day management of taxes is the responsibility of a Tax Department. The Average Income-tax Officer salary is INR 45,563 monthly.

Duties of an Income Tax Officer

The income tax legislation was used by the Indian government to levy a tax on earnings. This act requires the person who is subject to a tax section or section to compute their total earnings. When determining total earnings, one should provide precise financial info to a certain agency.

The information technology officer is in charge of examining all aspects of a person’s revenue. For becoming a taxation inspector, an applicant must pass a division examination or be hired instantly after passing the UPSC-IAS civil service exam.

An income-tax officer’s functions and responsibilities are listed below.

  • An Income Tax Officer is responsible for determining tax obligations, conducting personal and business inspections, and conducting tax avoidance investigations.
  • The Tax Authority appoints a tax inspector, often known as a “tax consultant,” to handle with Central Board of Direct Taxation’s tax-related concerns.
  • An income tax inspector checks and analyses business and individual records to ensure that the right level of revenue is charged to the Indian government.
  • The income tax inspector has outstanding reasoning skills as well as a high degree of arithmetic, which would be critical when investigating tax fraud.
  • Additional prohibitions enforced by the IRS include the Benami Transactions Act of 1988 and the Black Money Act.

Governments workers generally work from 9 a.m. to 5 p.m. Agencies have different sets and specified schedules for taxation officers. However, in some circumstances, such as an inquiry, a taxation inspector may well be required to work for extended periods of time than typical.

Compensation of an Income Tax Officer in India

Staff Selection Officers use the aggregate university level test to select for non- billed government employment. Each year, the services selection agency and a combined graduating test are held to choose candidates for positions such as Taxation Investigator, Preventive Director, Central Excise Investigator, CBI Sub Inspector, Statistic Analyst, and others.

Amongst the most prominent and renowned occupations available via SSC CGL is Taxation Investigator. It was a terrific job to occupy because of the quick advancement and job satisfaction, as well as the decent pay.

The compensation of an income-tax inspector varies depending on the assigned location; the chart below will help you to learn. Aside from the base salary, the income tax officer has numerous prospects for advancement and advancement. The salaries of income tax inspectors with advancements are listed below.

Promotion and Income Tax Officers Salary In India

Rank

Pay Scale (Per Month)

Principal Chief Commissioner of IT

INR 80,000

Chief Commissioner

INR 75,550 to 80,000

Principal Commissioner

INR 67,000 to 79,000

Commissioner

INR 37,400 to 67,000+Grade pay INR 10,000

Joint Commissioner

INR 37400 to 67,000+Grade pay INR 8,700

Deputy Commissioner

INR 15,600 to 39,100

Assistant Commissioner

INR 15,600 to 39,100+Grade pay INR 5,400

Income Tax Officer

INR 9,300 to 34,800+Grade pay INR 4,800/5,400

Career Development and Promotion for SSC CGL Income Tax Officers

When an applicant gets hired by the Internal Revenue, they can look forward to a wonderful life. Due to various time-to-time expansion and development in the tax department, an agent gains a high degree of esteem and regard. Based on the location of assignment and task assigned, the income tax department requires either office or field. The following are the two parts of the article.

Section of Assessment:

It basically includes all of the taxation inspector’s office jobs as well as other duties.

Part of Non-Assessment:

The investigator would be a member of the quick response group and it will typically perform violators during this fieldwork. The office occupation is restricted in this case since they must gather adequate proof against debtors.

The main basis for and income tax inspector pay perks are listed below.

  • The upper limit for Taxation Officers is 30 years; however, the maximum age restriction for OBC and ST/SC is relaxed.
  • An applicant would be assigned to the taxation officer division after a few decades as a taxation inspector.
  • The applicant would be appointed as a Gazetted officer, earning INR 4,600 per month, and would be elevated to Deputy Commissioner of Income Tax within 10 to 12 years of service.
  • Each 4-5 years, the applicant will be promoted. When a person enters the agency at a young age, they will have the opportunity to advance to the position of Assistant Commissioner.

SSC CGL Exam Eligibility Requirements

Bachelor in any field is the minimum educational prerequisite for the SSC CGL.

The age group for enrolling for Income Tax Investigator positions via SSC CGL is 21 to 27 years of age. Applicants adhering to the Scheduled Caste/ Scheduled Tribes group receive 10-year age composure in the SSC CGL Exam; whereas OBC applicants receive a 3-year age relaxation and PWD applicants receive a 10-year age relaxation.

In addition, the applicant must meet the basic physical attributes and endurance criteria.

Male Applicants:

Physical Criteria:

157.5 cms in height

81 cms in chest

Physical Examination:

Walking: In 15 minutes 1600 meters

Cycling: Applicants must ride 8 kilometers in thirty min.

Female applicants:

Physical Requirements (Minimum):

152 cms in height

Weight: 48 kg

Physical Test:

Walking: Applicants must run one kilometer in 20 minutes.

Cycling: Applicants must bicycle 3 kilometers in 25 minutes.

How can you become a tax officer?

10+2 with necessary subjects passed

After tenth grade, most individuals have no idea how to be a taxation officer. Students are undecided about which courses to pursue afterwards 10th grade in order to prepare for a career as an Income Tax Officer. We do have solutions to all of your queries concerning the IAS career track.

In order to achieve a job as an income tax inspector, pupils must successfully pass a 10+2 in any stream of studies with a minimum of 50% points.

Get a passing score on the Union Public Service Commission Examination

Applicants are eligible to apply for the UPSC exam after successfully completing a bachelor’s degree. They must emphasize the sectors of civil service in which students wish to work after being selected, such as Indian Revenue Service, Indian Administrative Service providers, Indian Foreign Services, Indian Police Services, as well as other positions.

Students who pass the UPSC Mains test are qualified for the UPSC Entrance exam. They are contacted for interviewing after passing the required prelims test. The last candidate for the Union Public Service Commission has been chosen. Exams are conducted by evaluating applicants’ competence in a series of tests.

UPSC trials: Aspirants in the broad class are entitled to six UPSC trials until they got to the age of 32. Applicants from the OBC group are entitled to nine tries until they reach the age of 35. SC/ST students can take the exam as much time as they desire till they reach the age of 37.

Bachelor

After successfully completing a 10+2 from a recognized institution, applicants must register for a graduate course. Successful execution of a bachelor’s degree course is a minimal requirement for a job as an Income Tax Inspector.

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