How much can an income tax inspector earn?

How much can an income tax inspector earn?

The payscale of Income Tax Inspector is Rs 44900 to 142400.

How much bribe does an income tax inspector earn Quora?

If the Inspector is posted at good posting and wants to make money, he can easily earn black money from 2 to 10 lac pm.

How corrupt is Income Tax Department Quora?

Very few income tax officials are corrupt and even they get 100 case to assess out of which they(corrupt) choose 20 cases to earn. But the CAs besides their fees they took money from assessee saying to pay bribe in almost 90 cases. And in this way corruption from income tax department can not be eradicated.

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Who is the best income tax officer in India?

Captain Pradeep Shoury Arya is an Income Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra. The hero tells Rediff.com’s Archana Masih about his life as a soldier at the border and as a civil servant in Mumbai.

What is the salary of an income tax inspector in India?

According to the current pay scales, you would get a salary of around 40,000/- per month initially. The salary may vary according to the location you will get posted. An Income Tax Inspector should be ready to work on pan India basis.

What is the qualification required to become an income tax inspector?

A candidate, who is applying for the Income Tax Inspector must have a bachelor degree from a recognized University or equivalent. The SSC CGL Exam is conducted for the recruitment of the Income Tax Inspector and many other posts. The exam has the following three phases:

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Can the IRS waive the penalty for underpayment of taxes?

The law allows the IRS to waive the penalty if: The underpayment was due to an inability to accurately calculate your estimated income tax payment due to the breadth of changes enacted by the tax reform.

What happens if I don’t pay enough estimated tax?

If you didn’t pay enough tax throughout the year, either through withholding or by making estimated tax payments, you may have to pay a penalty for underpayment of estimated tax.