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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 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).
Government of India. The Government of India ( ISO: Bhārata Sarakāra; often abbreviated as GoI ), also known as the Central Government or union government, is the national authority of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories.
The National Pension System ( NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust ( NPS Trust) was established by PFRDA as per the provisions of ...
english.www.gov.in. The Union Council of Ministers [1] is the principal executive organ of the Government of India, which functions as the senior decision-making body of the executive branch. It is chaired by the prime minister and consists of the heads of each of the executive government ministries. Currently, the council is headed by prime ...
The Government of India exercises its executive authority through a number of government ministries or departments of state. A ministry is composed of employed officials, known as civil servants, and is politically accountable through a minister. Most major ministries are headed by a Cabinet Minister, who sits in the Union Council of Ministers ...
District council (India) The Zila Panchayat or District Development Council or Zilla Parishad or District Panchayat or is the third tier of the Panchayati Raj system and functions at the district levels in all states. A Zila Parishad is an elected body representing the entire rural area of a district. A District Panchayat is headed by a ...
Indian Audit and Accounts Service (IA&AS) is a group 'A' central civil service under the Comptroller and Auditor General of India, the supreme audit institution of India.Its central civil servants serve in an audit managerial capacity in the Indian Audit and Accounts Department (IA&AD), and are responsible for auditing the accounts of the Union government and state governments, as well as ...