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Latest Income Tax Department Recruitment And Jobs

This page will help you to find new income tax department jobs and vacancies in India. If you are looking for latest income tax department vacancies for the post of the inspector of income / stenographer / tax assistant then apply for following jobs.. Check latest jobs bellow !
Income Tax Department Hyderabad
The principal chief commissioner of income tax, andhra pradesh & telangana,hyderabad, invites application for recruitment of meritorious sports persons in differentgames / sports. the recruitment will be made in the following posts.postno. ofpay (rs.)vacanciesinspector of income2rs. 44,900/- of pay matrix level 7 of 7th paytaxcommission...
Exp: Fresher Education : Any Graduate Any Graduate Job Category : Goverment Jobs Goverment Jobs
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Searching For Income Tax Department Recruitment Requires One To Be Alert Towards Income Tax Department Job News

It’s been long since Income Tax Department recruitment has been in demand among the Indian public and such recruitment have been held with the highest respect in the country. People from all regions and irrespective of caste, creed and religion have a favoured opinion towards such Income Tax Department jobs and the reasons have been many with lots of debates in favour and against them. If one is looking for a recruitment in the Income Tax Department, there are many best options. The Income Tax Department jobs have lot of security, benefits and have a steady paycheck. This is the reason why more and more people are being drawn towards Income Tax Department vacancies.

Educational Qualification to Apply for Income Tax Department Recruitment

A bachelor’s degree or an associate’s degree is required by most of the Income Tax Department jobs. However due to the recent economy, master’s degree is also being required by the Income Tax Department jobs. A person is permitted for substitution of job experience in most of the jobs. In addition to the educational requirements, a person should submit the proper documents and read the job announcement properly.

About Income Tax Department

It is a matter of general belief that taxes on income and wealth are of recent origin but there is enough evidence to show that taxes on income in some form or the other were levied even in primitive and ancient communities. The origin of the word "Tax" is from "Taxation" which means an estimate. These were levied either on the sale and purchase of merchandise or livestock and were collected in a haphazard manner from time to time. Nearly 2000 years ago, there went out a decree from Ceaser Augustus that all the world should be taxed. In Greece, Germany and Roman Empires, taxes were also levied sometime on the basis of turnover and sometimes on occupations. For many centuries, revenue from taxes went to the Monarch. In Northern England, taxes were levied on land and on moveable property such as the Saladin title in 1188. Later on, these were supplemented by introduction of poll taxes, and indirect taxes known as "Ancient Customs" which were duties on wool, leather and hides. These levies and taxes in various forms and on various commodities and professions were imposed to meet the needs of the Governments to meet their military and civil expenditure and not only to ensure safety to the subjects but also to meet the common needs of the citizens like maintenance of roads, administration of justice and such other functions of the State.

In India, the system of direct taxation as it is known today, has been in force in one form or another even from ancient times. There are references both in Manu Smriti and Arthasastra to a variety of tax measures. Manu, the ancient sage and law-giver stated that the king could levy taxes, according to Sastras. The wise sage advised that taxes should be related to the income and expenditure of the subject. He, however, cautioned the king against excessive taxation and stated that both extremes should be avoided namely either complete absence of taxes or exorbitant taxation. According to him, the king should arrange the collection of taxes in such a manner that the subjects did not feel the pinch of paying taxes. He laid down that traders and artisans should pay 1/5th of their profits in silver and gold, while the agriculturists were to pay 1/6th, 1/8th and 1/10th of their produce depending upon their circumstances. The detailed analysis given by Manu on the subject clearly shows the existence of a well-planned taxation system, even in ancient times. Not only this, taxes were also levied on various classes of people like actors, dancers, singers and even dancing girls. Taxes were paid in the shape of gold-coins, cattle, grains, raw-materials and also by rendering personal service.

The learned author K.B.Sarkar commends the system of taxation in ancient India in his book "Public Finance in Ancient India", (1978 Edition) as follows:-
"Most of the taxes of Ancient India were highly productive. The admixture of direct taxes with indirect Taxes secured elasticity in the tax system, although more emphasis was laid on direct tax. The tax-structure was a broad based one and covered most people within its fold. The taxes were varied and the large variety of taxes reflected the life of a large and composit population".

However, it is Kautilya's Arthasastra, which deals with the system of taxation in a real elaborate and planned manner. This well known treatise on state crafts written sometime in 300 B.C., when the Mauryan Empire was as its glorious upwards move, is truly amazing, for its deep study of the civilisation of that time and the suggestions given which should guide a king in running the State in a most efficient and fruitful manner. A major portion of Arthasastra is devoted by Kautilya to financial matters including financial administration. According to famous statesman, the Mauryan system, so far as it applied to agriculture, was a sort of state landlordism and the collection of land revenue formed an important source of revenue to the State. The State not only collected a part of the agricultural produce which was normally one sixth but also levied water rates, octroi duties, tolls and customs duties. Taxes were also collected on forest produce as well as from mining of metals etc. Salt tax was an important source of revenue and it was collected at the place of its extraction.

Kautilya described in detail, the trade and commerce carried on with foreign countries and the active interest of the Mauryan Empire to promote such trade. Goods were imported from China, Ceylon and other countries and levy known as a vartanam was collected on all foreign commodities imported in the country. There was another levy called Dvarodaya which was paid by the concerned businessman for the import of foreign goods. In addition, ferry fees of all kinds were levied to augment the tax collection.

Collection of Income-tax was well organised and it constituted a major part of the revenue of the State. A big portion was collected in the form of income-tax from dancers, musicians, actors and dancing girls, etc. This taxation was not progressive but proportional to the fluctuating income. An excess Profits Tax was also collected. General Sales-tax was also levied on sales and the sale and the purchase of buildings was also subject to tax. Even gambling operations were centralised and tax was collected on these operations. A tax called yatravetana was levied on pilgrims. Though revenues were collected from all possible sources, the underlying philosophy was not to exploit or over-tax people but to provide them as well as to the State and the King, immunity from external and internal danger. The revenues collected in this manner were spent on social services such as laying of roads, setting up of educational institutions, setting up of new villages and such other activities beneficial to the community.

The reason why Kautilya gave so much importance to public finance and the taxation system in the Arthasastra is not far to seek. According to him, the power of the government depended upon the strength of its treasury. He states – "From the treasury, comes the power of the government, and the Earth whose ornament is the treasury, is acquired by means of the Treasury and Army". However, he regarded revenue and taxes as the earning of the sovereign for the services which were to be rendered by him to the people and to afford them protection and to maintain law and order. Kautilya emphasised that the King was only a trustee of the land and his duty was to protect it and to make it more and more productive so that land revenue could be collected as a principal source of income for the State. According to him, tax was not a compulsory contribution to be made by the subject to the State but the relationship was based on Dharma and it was the King's sacred duty to protect its citizens in view of the tax collected and if the King failed in his duty, the subject had a right to stop paying taxes, and even to demand refund of the taxes paid.

Kautilya has also described in great detail the system of tax administration in the Mauryan Empire. It is remarkable that the present day tax system is in many ways similar to the system of taxation in vogue about 2300 years ago. According to the Arthasastra, each tax was specific and there was no scope for arbitratiness. Precision determined the schedule of each payment, and its time, manner and quantity being all pre-determined. The land revenue was fixed at 1/6 share of the produce and import and export duties were determined on advalorem basis. The import duties on foreign goods were roughly 20 per cent of their value. Similarly, tolls, road cess, ferry charges and other levies were all fixed. Kautilya's concept of taxation is more or less akin to the modern system of taxation. His over all emphasis was on equity and justice in taxation. The affluent had to pay higher taxes as compared to the not so fortunate. People who were suffering from diseases or were minor and students were exempted from tax or given suitable remissions. The revenue collectors maintained up-to-date records of collection and exemptions. The total revenue of the State was collected from a large number of sources as enumerated above. There were also other sources like profits from Stand land (Sita) religious taxes (Bali) and taxes paid in cash (Kara). Vanikpath was the income from roads and traffic paid as tolls.

He placed land revenues and taxes on commerce under the head of tax revenues. These were fixed taxes and included half yearly taxes like Bhadra, Padika, and Vasantika. Custom duties and duties on sales, taxes on trade and professions and direct taxes comprised the taxes on commerce. The non-tax revenues consisted of produce of sown lands, profits accuring from the manufacture of oil, sugarcane and beverage by the State, and other transactions carried on by the State. Commodities utilised on marriage occasions, the articles needed for sacrificial ceremonies and special kinds of gifts were exempted from taxation. All kinds of liquor were subject to a toll of 5 precent. Tax evaders and other offenders were fined to the tune of 600 panas.

Government jobs come up and the recruitment process has to be done by authorised government bodies such as the public service commission, railway recruitment board for railway jobs, etc. These jobs are published in the employment news at regular intervals which might be once in a year or sometimes not unless there is a group of vacancies. For getting through jobs in the Income Tax Department, people therefore will need to wait and look at the government employment news to see if the jobs fitting the candidates qualification has been published or not. The scenario is not like the private sector, where the jobs can be taken up by walking in or applying anytime. Due to the rules laid down which tend to carry on for long years, those interested in such jobs need to keep their eyes and ears open, if they are to get into the services of their choice and those which are commensurate with the qualifications.

How to Get Latest Income Tax Department Recruitment Alert?

A notification is sent via email by most of the Income Tax Department recruitment when the person applies for the job. If you are looking for free job alert then following this page. This notification is usually sent once the job vacancy is closed. A numerical score is given to the applicants for each job that is applied. There are some factors due to which the score of the applicants is affected. These factors include the KSA questionnaire, resume weight, education, disability rating and veteran’s preference. If the score is high, the chances for getting the job are also very high. All the necessary documentation should be submitted when a person is applying for the job. If there are failures in submission, there may be delays in processing of applications. Sometimes the authorities completely refuse to take the applications. One should ensure that proper documentation is submitted for every job announcement that one wishes to apply to for.

Best Way to Crack Income Tax Department Jobs Interview

With the demanding trends of job market people are getting nerves for cracking the codes. Prom the perspective of Income Tax Department job is the 1st choice. In every Indian heart there is a soft corner for government jobs and every father wants his son to be a government job holder. Indian mindset is more biased towards stability and security with government jobs. However, the scenario has changed and people face stiff competition even with a government job. It has become a matter of pride to be in the Government sector than miss in the mass of private sectors. Whatever sectors you may choose as your career option the introductory procedures are nevertheless equal. You have to appear before skill tests and interviews to crack the rock. With the rise of demand for government jobs the interviews are becoming stiffer and thorny. Adequate homework and per-preparation with these simple yet effective tips can help to crack government job interviews.


Top Income Tax Department Recruitment Bringing Freshers In Large Numbers

A very important change that the 21st century has brought in the Indian society is the manner in which people are looking at Income Tax Department jobs. In almost every aspect of jobs, the Income Tax Department is becoming the first choice for people, who are passing out freshly from colleges and for those who are already in a profession. Everyone seems to be seeking a job in a Income Tax Department organization. Be it an engineer, or even a clerk, the Income Tax Department jobs are attracting people in large numbers. One of the major areas where students are queuing up for jobs in government is the IT sector. The information technology jobs in India as well as abroad, were quite many. And students immediately after passing out were readily absorbed into these jobs, quite easily.

But since the jobs have also been opening up in the government sectors, students are trying to come into these jobs. With factors being favorable for the freshers, such as stability, pay, and promotions, these, government IT jobs are becoming demanded. Computer is being utilized in various aspects of government.

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