What is the full form of IRS?
Table of Contents
IRS Full Form
In India, IRS stands for Indian Revenue Service. It is the administrative revenue service of the Government of India, established in 1953. It is primarily responsible for collecting and administering direct and indirect taxes accruing to the Government of India. Indian Revenue Service (IRS) functions under the Department of Revenue of the Ministry of Finance. IRS has two branches: IRS (Income Tax) and IRS (Customs and Central Excise). These two branches are controlled by two separate statutory bodies: Central Board of Direct Taxes (CBDT), and Central Board of Excise and Customs (CBEC) respectively.
What is IRS Exam?
Exam for Indian Revenue Service (IRS) is conducted by UPSC.The eligibility criteria for the IRS is almost the same as it is for other Group A services. A candidate who fulfills the following eligibility criteria is eligible for this exam.
- Must be a citizen of India
- Must have a graduate degree from a Central, State or Deemed University
- A correspondence degree recognized by the Govt. of India.
- A qualification recognized by the Govt. of India equivalent to any of the above.
Duties and Responsibilities of IRS
- Goods and Services Tax (GST) Policy formulation and enforcement.
- Policy formulation and enforcement relating to prevention of smuggling and administration of matters relating to Customs and Narcotics .
- Providing Tax Assistance to Taxpayers.
- Checking out and resolving instances of incorrect or fraudulent tax filings.
- Includes policy formulation and enforcement regarding Income Tax in India.
Indian revenue service is one of the most sought-after jobs in India. Even though IRS officers have to deal with sensitive postings in their careers, they are not provided with adequate protection. Several IRS officers of the Customs and Income Tax Department have been murdered during their investigation.
Other full forms of IRS
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| Independent Rear Suspension | Automobile |
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| Information And Referral Services | Companies & Firms |
| Increasing Returns to Scale | Accounting |
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| I Remain Standing | General |
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