IRS Full Form is the Indian Revenue Service, commonly known as the Administrative Revenue Service of the Government of India. It is responsible for collecting taxes among other major sovereign functions. As one of the Group A central civil services, the IRS works under the Department of Revenue in the Union Finance Ministry. Notably, the IRS plays an important role in enforcing direct tax laws and is divided into two branches: IRS-Income Tax and IRS-Customs and Central Excise. The Indian Revenue Service acts as an important entity that contributes to the financial well-being of the country.
What is the IRS Full Form?
The full form of IRS is Indian Revenue Service. It is the principal revenue service of the Government of India responsible for the collection, administration and enforcement of direct and indirect taxes. It is a central civil service under Group A category and functions under the Department of Revenue in the Ministry of Finance. The service is divided into two main branches: IRS (Income Tax) and IRS (Customs and Central Excise).
IRS (Income Tax) officers are responsible for levying and enforcing direct taxes like income tax, wealth tax, gift tax etc. They are also responsible for conducting raids and investigations to detect tax evasion and non-compliance. Whereas, IRS (Customs and Central Excise) officers are responsible for levying and enforcing indirect taxes like customs duty, central excise duty, service tax etc. They also work to prevent and detect smuggling of goods across India's borders.
IRS is a highly respected and prestigious service in India , with many of its officers holding top positions in the government and private sector. The selection process for IRS is through the Civil Services Examination conducted by the Union Public Service Commission (UPSC). Candidates who successfully qualify the exam undergo extensive training before being appointed to their respective posts.
Roles of IRS Officers
The primary responsibility of IRS officers is to collect both direct and indirect taxes payable to the Government of India.
- Apart from tax collection, IRS officers handle a number of duties like investigating tax evasion, maintaining applicable laws, administering direct tax policy throughout India and managing all administrative tasks associated with direct and indirect taxes.
- IRS officials have the authority to seize illicit funds and take necessary measures to combat the circulation of unaccounted money.
- IRS officers also help in formulating policies related to direct taxes by assisting the Central Board of Direct Taxes.
- Additionally, they provide protection against illegal activities and smuggling at the country's economic borders.
Summary:
“Indian Administrative Service” is the full form of IAS. It is a major revenue service responsible for the collection, administration and enforcement of direct and indirect taxes. It is a central civil service under Group A category and functions under the Department of Revenue in the Ministry of Finance. It has two main branches – Income Tax and Customs and Central Excise. Income tax authorities administer and enforce direct taxes, while customs and central excise authorities administer and enforce indirect taxes. IRS Full Form – Indian Revenue Service which is highly respected and prestigious, and the selection is through Civil Services Examination conducted by UPSC.