Income Tax Officer Salary, Job Profile, Growth Opportunities - Careers Arena (2024)

Income Tax Officer Salary, Job Profile, Growth Opportunities - Careers Arena (1)

It’s time to explore the salary of income Tax Officer. As we all know it is a very highly reputed position. In this, we will cover all the important points related to the topic.

While saying about income tax, It is important to know the definition of income tax. It is a department where the government agency collects all the tax directly from the public.

The headquarters of IT is located in Room No. 9002 at Aayakar Bhawan, Vaishali, Ghaziabad, Uttar Pradesh, India. The formation of IT takes place in 1922 which means that 97years ago from now onwards.

The number of the employee under the Income Tax office in India is 46,000.Income tax in India is governed by the income tax act 1961. It came into force in 1962.

Income Tax Officer Salary And Facilities

The salary of an income tax officer is Rs. 9,300 to Rs. 34,800. The government of India has fixed salary grades for its employees at various level.

There are several types of benefits given to the employee while working. The list of benefits is mentioned below in the table.

TYPESFACILITIES, ALLOWANCE, AND BENEFITS
Insurance, Health & Wellness > Health Care & Insurance
> Life Insurance
> Disability Insurance
> Dental Insurance
> Vision Insurance
Perks & Benefits > Employee Discount
> Free Lunch or Snacks
> Employee Assistance Program
> Gym Membership
> Company Car
Professional Support > Diversity Program
> Job Training & Tuition
> Apprenticeship Program
Vacation & Time Off > Vacation & Paid Time Off
> Sick Leave
> Bereavement Leave
Family & Parenting > Work From Home
> Maternity & Paternity Leave
> Childcare
> Reduced or Flexible Hours
> Unpaid Extended Leave
Financial & Retirement > Pension Plan
> Stock Options or Equity
> Retirement Plan
> Performance Bonus

Income Tax Officer Salary According To Respective/ Different Cities

The salary structure of different officer according to different cities. All the officer have different pay matrix according to where they are posted and working as an income tax officer.

BASIS IN-CLASS -A / TIER-1 CITIES IN-CLASS -B / TIER-2 CITIES IN-CLASS -C / TIER-3 CITIES
Basic PayRs. 44,900 Rs. 44,900 Rs. 44,900
Dearness Allowance (4%)Rs. 1,796 Rs. 1,796 Rs. 1,796
TPTRs. 3,600 Rs. 1,800 Rs. 1,800
Dearness Allowance on TPT Rs. 144 Rs. 72Rs. 72
House rent allowance(24% of basic pay) – Rs. 10,776 (16% of basic pay) – Rs. 7,184 (8% of basic pay) – Rs. 3,592
GrossRs. 61,216 Rs. 55,752 Rs. 52,160
Less
NPS contribution Rs. 4,670 Rs. 4,670 Rs. 4,670
CGEGIS 3030 30
Total Rs. 4,700 Rs. 4,700 Rs. 4,700
In hand Rs. 56,516 Rs. 51,052Rs. 47,460
CitiesDelhi, Mumbai, Pune, etc Chandigarh, Jalandhar, etc Other left cities

If you are interested in another post under SSC or you want to try for the Higher post like ITO, ITI then the application of SSC Phase VII Recruitment 2019 will help you out to get your dream job.

Who Conduct An Income Tax Officer Exam or Income Tax Inspector Is The First level Under The Tax department?

The ITO exam is conducted by SSC (Staff Selection Commission) under CGL (Combined Graduate Level) level. The level is having four phases which are like:- Preliminary exam, Mains Exam, Descriptive Exam and last one is Skill Test (Computer Typing Speed).

Yes, it is true that the Income-tax inspector is the basic level and the starting step under the tax department after that it is proceeded by the Income-tax officer post, and if you to check the pay structure of ITI then click on the like.

There are other various level under tax department like Assistant Commissioner, Deputy Commissioner, Joint Commissioner, Additional Commissioner, and Commissioner

Salary Structure Of Income Tax Officers

For Grade other than the Indian revenue in the income tax department and,

CADRE PAY SCALE
Income Tax Officer Basic Pay:- Rs. 9,300 to Rs. 34,800
Grade Pay:- Rs. 4,800 to Rs. 5,400
Posts in AO cadre Basic Pay:- Rs. 15,600 to Rs. 39,100
Grade Pay:- Rs. 6,600
Or
Basic Pay:- Rs. 9,300 to Rs. 34,800
Grade Pay:- Rs. 4,800 to Rs. 4,200
Post in PS Cadre Basic Pay:- Rs. 9,300 to Rs. 34,800
Grade Pay:- Rs. 4,800 or 4,200
Inspector of income tax Basic Pay:- Rs. 9,300 to Rs. 34,800
Grade Pay:- Rs. 4,600
Executive assistants Basic Pay:- Rs. 9,300 to 34,800
Grade Pay:- Rs. 4,200
TA/ Steno III/ Driver Basic Pay:- Rs. 5,200 to Rs. 20,200
Grade Pay:- Rs. 2,400
Notice server/ LDC/ Driver Basic Pay:- Rs. 5,200 to Rs. 20,200
Grade Pay:- Rs. 1,900
Group C Basic Pay:- Rs. 5,200 to Rs. 20,200
Grade Pay:- Rs. 1,800
Post in EDP cadre Basic Pay:- Rs. 15, 600 to Rs. 39,100
Or
Basic Pay:- Rs. 5,200 to Rs. 20,200
Posts in OL Cadre Basic Pay:- Rs. 15,600 to Rs. 39,100
Or
Basic Pay:-Rs.9,300 to Rs. 34,800

For the Indian revenue service in the income tax department

CADRE PAY SCALE
Principal chief commissioner of income tax Basic Pay:- Rs. 80,000 (fixed)
Chief commissioner of income tax Basic Pay:- Rs. 75,500 to Rs. 80,000
Principal commissioner of income tax Basic Pay:- Rs. 67,000 to Rs. 79,000
Commissioner of income tax Basic Pay:- Rs. 37,400 to Rs. 67,000
Grade Pay:- Rs. 10,000
Additional/ joint commissioner of income tax Basic Pay:- Rs. 37,400 to Rs. 67,000
Grade Pay:- Rs. 8,700
Or
Basic Pay:- Rs. 15,600 to Rs. 39,100
Grade Pay:- Rs. 7,600
Deputy commissioner of income tax Basic Pay:- Rs. 15,600 to Rs. 39,100
Grade Pay:- Rs. 6,600
Assistant commissioner of income tax Basic Pay:- Rs. 15,600 to Rs. 39,100
Grade Pay:- Rs. 5,400
Reserves (Group ‘A’) Basic Pay:- Rs. 15,600 to Rs. 39,100
Grade Pay:- Rs. 5,400

ITO Equivalent Position Including Rank Wise Basic Pay, & Grade Pay

For the basic knowledge of each officer salary, grade pay, another equal position under income tax then may read the table. It will provide you a glimpse of the salary of the different officer at a different level.

LEVEL AND RANKORDER OF PRECEDENCE (AS PER PRESIDENTIAL ORDER)EQUIVALENT POSITION OR DESIGNATION IN THE STATE GOVERNMENT
Pay Band-I
Basic Pay:- Rs. 25,500 (6th pay)
Grade Pay-2400
>Tax Assistant
>Entry-level
>Assistant Sub Inspector of Police
Pay Band-II
Basic Pay:- Rs. 35,400 (6th pay)
Grade Pay:- Rs. 4,200
>Senior Tax Assistant>Sub Inspector of Police
Pay Band-II
Basic Pay:-Rs. 44,900 (6th pay)
Grade Pay- Rs. 4,600
>Inspector of Income Tax
>Agentof Income Tax CID
>Entry Level
>Tahsildar
>Inspector of Police
Pay Band-II
Basic Pay:- Rs. 47,600 (6th pay)
Grade Pay:- Rs. 4,800
Senior Scale of Grade Pay of Rs. 5,400 after 04 years in
>Income Tax Officer
>Special Agentof Income Tax CID
>Additional Assistant Director
>Sub District Magistrate
>Deputy Superintendent of Police
>Assistant Commissioner of Police

Cut off under SSC CGL for Higher Level like ITO, ITI and etc

As time flies the level of competition is also increasing. With the help of the donut chart, you can able to understand the level of competition for the seats. The list of marks from 2013 to 2017 is listed below.

The cut- off is shown below is only on the basis of general class. During 2013 the cut- off goes only 18.6% (512.25) but when you check the cut- off of 2017 it will increase to 23.3% (642.50).

  • 2013:- 512.25
  • 2014:- 526.25
  • 2015:- 519.25
  • 2016:- 558.75
  • 2017:- 642.50
Income Tax Officer Salary, Job Profile, Growth Opportunities - Careers Arena (2)

Thank you for reading the post and we hope that you find this article helpful in many ways. We hope you will visit soon here. If you have any query regarding the post then comment down below, our team will help you out as soon as possible.

Facebook Comments Box

Related

Income Tax Officer Salary, Job Profile, Growth Opportunities - Careers Arena (2024)

FAQs

What is the highest salary of an income tax officer? ›

Highest salary that a Income Tax Officer can earn is ₹14.0 Lakhs per year (₹1.2L per month).

Which subject is best for an income tax officer? ›

While the field of study is not strictly defined, degrees in commerce, economics, law, or accounting are particularly beneficial. This educational foundation provides the necessary knowledge in areas such as finance, taxation, and law, which are integral to the role of an income tax officer.

Which post in SSC CGL has the highest salary? ›

Assistant Audit Officer (AAO) is the highest paying job under SSC CGL and the highest salary in SSC CGL for AAO is Rs. 65,318 for X city, Rs. 59,434 for Y city, and Rs. 55,626 for Z city. The salary for all the posts varies city-wise also, like HRA and other allowances are high or low in the different cities.

What is the salary of state tax officer in West Bengal? ›

State Tax Officer salary in Government of West Bengal ranges between ₹5 Lakhs to ₹6.3 Lakhs per year. This is an estimate based on salaries received from employees of Government of West Bengal.

How much do tax officers make in the US? ›

$63,500 is the 25th percentile. Salaries below this are outliers. $179,500 is the 75th percentile.

Which officer has highest salary? ›

Top 10 Highest-Paying Government Jobs in India
  • Indian Administrative Services [IAS]
  • Indian Foreign Services [IFS]
  • Indian Police Services [IPS]
  • Indian Engineering Services [IES]
  • Public Sector Companies [PSUs]
  • Indian Forest Services.
  • RBI Grade B.
  • SEBI Grade A.

What is the best degree for taxes? ›

Because there's no specific degree for tax accountants, earning a degree with a tax concentration is a good choice. If you're working toward a business administration degree, you may take classes on tax-related topics that also count toward your degree.

Which course is best for income tax? ›

Popular Taxation Courses -UG & PG
Undergraduate Taxation CoursesPostgraduate Taxation Courses
B.Com. in Finance and TaxationAdvanced Diploma in Corporate Taxation
B.Com. in TaxationM.A. in International Taxation
Advance Diploma in Tax Consultancy ManagementPost Graduate Diploma in Tax Management
2 more rows
Apr 12, 2024

Which SSC exam is the toughest? ›

SSC CGL - Staff Selection Commission - Combined Graduate Level Exam. The SSC CGL is considered one of the country's largest exams for graduate students.

Which is the most prestigious job in SSC CGL? ›

A: The most sought after posts in the SSC CGL exam are as follows:
  • Income Tax Inspector.
  • Assistant Section Officer.
  • Central Excise Inspector.
  • Assistant Audit Officer.
  • Assistant Enforcement Officer.

Which is the most powerful post in SSC? ›

Based on various factors the 5 top posts of SSC CGL are as follows:
  • Assistant Audit Officer.
  • Assistant Accounts Officer.
  • Assistant Section Officer.
  • Central Excise Inspector.
  • Income Tax Inspector.

What is the highest promotion of income tax officer? ›

Career Growth and Promotions
Career Growth
Promotion LevelDesignationExperience Required
Level 4Joint Commissioner4-5 Years
Level 5Additional Commissioner4-5 Years
Highest LevelCommissioner of Income Tax4-5 Years
5 more rows
Apr 22, 2024

What is the highest position in income tax department? ›

Degrees in commerce, economics, law, or accounting are particularly beneficial for the candidate, but nothing strictly defined. Which is the highest post in income tax? The Principal Chief Commissioner of Income Tax is the highest post in the Income-tax Department.

What is the highest-paying job in the IRS? ›

IRS Salary FAQs

The highest-paying job at IRS is a Chief Revenue Officer with a salary of $328,235 per year (estimate). The lowest-paying job at IRS is a Seasonal Sales Associate with a salary of $33,707 per year (estimate). IRS employees attributed a compensation and benefits rating of 3.8/5 stars to their company.

What is the highest position in IRS? ›

Principal Commissioner of Income Tax

Top Articles
Latest Posts
Article information

Author: Greg Kuvalis

Last Updated:

Views: 6533

Rating: 4.4 / 5 (55 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Greg Kuvalis

Birthday: 1996-12-20

Address: 53157 Trantow Inlet, Townemouth, FL 92564-0267

Phone: +68218650356656

Job: IT Representative

Hobby: Knitting, Amateur radio, Skiing, Running, Mountain biking, Slacklining, Electronics

Introduction: My name is Greg Kuvalis, I am a witty, spotless, beautiful, charming, delightful, thankful, beautiful person who loves writing and wants to share my knowledge and understanding with you.