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  2. Indian Revenue Service - Wikipedia

    The Indian Revenue Service ( IAST: Bhāratīya Rājasva Sevā ), often abbreviated as IRS, is an Indian government agency that is primarily responsible for collecting and administering direct and indirect taxes. As a central civil service under Group A [4] of the executive branch of the Government of India, it functions under the Department of ...

  3. Property tax - Wikipedia

    The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.

  4. Fifteenth Finance Commission - Wikipedia

    In addition, AAP national joint secretary, Akshay Marathe said—citing Central Board of Direct Taxes figures—that the National Capital Territory of Delhi contributed as much as ₹ 1.08 lakh crore (equivalent to ₹ 1.3 trillion or US$16 billion in 2020)—or 13 per cent—of the nation's direct tax revenue and got around ₹ 325 crore ...

  5. Taxation in India - Wikipedia

    The tax is collected by the Income Tax Department for the central government. Farmers - who constitute 70% of the Indian workforce - are generally excluded from paying income tax in India. Income tax returns are due in India generally on 31 July, 30 September or 30 November, depending on the category of taxpayer.

  6. List of states and union territories of India by tax revenues

    List of states and union territories of India by tax revenues. In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury ...

  7. Tax deduction at source - Wikipedia

    Tax deduction at source (TDS) in India is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income tax must be deducted at source as per the ...

  8. Chairperson of the Central Board of Direct Taxes - Wikipedia

    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 ...

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