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The department in its current form came into being on 27 January 2019, when the erstwhile Department of Industrial Policy & Promotion was renamed to Department for Promotion of Industry and Internal Trade (DPIIT) after internal trade was added to its mandate. [1] The current Minister is Piyush Goyal while the top bureaucrat is Anurag Jain, IAS.
The Ministry of Finance (IAST: Vitta Maṃtrālaya) is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India.In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
Inland Revenue started out as the Land Tax Department in 1878. The department was renamed the Land and Income Tax Department in 1892 with the central office set up in Wellington. Only in 1952, when the organisation joined with the Stamp Duties Department, was the organisation known as the Inland Revenue Department.
India Post is an Indian government-operated postal system in India, and is the trade name of the Department of Post under the Ministry of Communications.Generally known as the Post Office, it is the most widely distributed postal system in the world, and India is the country that has the largest number of post offices in the world.
As per an analysis by the Revenue Department, 91.7% of tax filers (about 5.3 crore out of 5.78 crore tax filers) claimed a cumulative deduction (Sec 80 (C) + Sec 80 (D) + NPS + Loan Interest Repayment + Standard Deduction + others) of less than ₹2 lakh and less than 1 per cent of all tax filers (nearly 3.7 lakh) claimed deductions of over Rs ...
When taxpayers dispute the income tax demands raised on them, a structured appeal process has to be followed. The first level of appeals lies with the CIT (A). [1] The Central Board of Direct Taxes (CBDT) has on 19 June 2015, issued internal instructions directing that all Commissioner of Income Tax (Appeals) should issue appellate orders ...
In office 12 May 2010 – 28 September 2012 ... in New Delhi on 25 July 2012 ... but Kapadia gave a dissenting judgement saying the income tax department should have ...
Kanimozhi was in regular contact with Raja about the launch of Kalaignar TV. [49] Raja advanced the channel's cause, facilitating its registration with the Ministry of Information and Broadcasting and adding it to DTH operator TATA Sky's lineup. Kanimozhi was charged with tax evasion by the Income Tax Department in Chennai. [49]