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The Directorate of Revenue Intelligence (DRI) is an Indian intelligence agency.It is India's apex anti-smuggling intelligence, investigations and operations agency. The Directorate is run by officers from the Central Board of Indirect Taxes and Customs (CBIC) who are posted in its various Zonal Units as well as in Indian embassies abroad as part of the Customs Overseas Intelligence Network.
Tax rates schedules may vary for individuals based on marital status. In India on the other hand there is a slab rate system, where for income below INR 2.5 lakhs per annum the tax is zero percent, for those with their income in the slab rate of INR 2,50,001 to INR 5,00,000 the tax rate is 5%. In this way the rate goes up with each slab ...
The Kisan Vikas Patra is a government-supported investment initiative designed for individuals looking for a stable, long-term financial strategy without exposure to risks. This program guarantees the doubling of the invested sum within 10 years, presently attainable in only 115 months with an interest rate of 7.5%.
The amount of income tax that an individual must pay is based on the amount of their taxable income (income earned less allowed expenses) for the tax year. Personal income tax may be collected through various means: deduction at source - where income tax is deducted directly from an individual's pay and sent to the CRA.
India, officially the Republic of India ( ISO: Bhārat Gaṇarājya ), [21] is a country in South Asia. It is the seventh-largest country by area; the most populous country as of June 2023; [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
Jamuna Prasad Singh. Formation. 1964. Salary. ₹225,000 (US$2,800) Website. Official website. 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 ...
Business portal. Money portal. v. t. e. Securities Transaction Tax (STT) is a tax payable in India on the value of securities (excluding commodities and currency) transacted through a recognized stock exchange. As of 2016, it is 0.1% for delivery based equity trading. [1] STT does not apply to off-market transactions or on commodity or currency ...
The government expects ₹ 1,449,490 crore as tax receipts, of which ₹ 523,958 crore will go to state governments. Non-tax receipts were estimated at ₹ 221,733 crore for 2015–16. [41] The defence budget was increased from ₹ 2.29 lakh crore in 2014–15 to ₹ 2.46 lakh crore in 2015–16, an increase of 10.95%. [42]