CBDT Full Form In English
The Central Board of Direct Taxes (CBDT) is a government body in India under the Department of Revenue, Ministry of Finance. It is responsible for administering direct tax laws, including income tax, wealth tax, and corporate tax. The CBDT plays a key role in policy formulation, tax collection, and enforcement, ensuring compliance with tax regulations. It also advises the government on matters related to direct taxation and implements tax-related reforms.
CBDT Full Form In Hindi
सेंट्रल बोर्ड ऑफ डायरेक्ट टैक्सेस (CBDT) भारत सरकार के वित्त मंत्रालय के अधीन राजस्व विभाग का एक महत्वपूर्ण अंग है। यह सीधे करों, जैसे कि आयकर, संपत्ति कर और कॉर्पोरेट टैक्स, के प्रशासन और नियमन के लिए जिम्मेदार है। CBDT का मुख्य कार्य नीतियों का निर्माण, कर संग्रह, कर अनुपालन सुनिश्चित करना और कर सुधारों को लागू करना है। इसके अलावा, यह सरकार को प्रत्यक्ष करों से संबंधित सलाह देता है और कर नीति में सुधार करने के लिए मार्गदर्शन करता है। भारत में वित्तीय पारदर्शिता और कर प्रणाली की सुदृढ़ता में CBDT की भूमिका अत्यंत महत्वपूर्ण है।
Read More: JBIT Full Form In English And Hindi
Frequently Asked Questions
What does CBDT stand for?
CBDT stands for Central Board of Direct Taxes.
What is the main role of CBDT?
The main role of CBDT is to administer and enforce direct tax laws in India, including income tax, corporate tax, and wealth tax.
Under which ministry does CBDT function?
CBDT functions under the Department of Revenue, which is part of the Ministry of Finance, Government of India.
What are the functions of CBDT?
Its functions include policy formulation, tax administration, monitoring compliance, advising the government on direct taxation matters, and implementing tax reforms.
When was CBDT established?
CBDT was established under the Central Board of Revenue Act, 1963 to strengthen tax administration and policy planning.
How does CBDT impact taxpayers?
CBDT ensures proper tax collection, resolves taxpayer issues, and implements rules to make the tax system transparent and efficient.
Conclusion
The Central Board of Direct Taxes (CBDT) plays a vital role in India’s financial system by administering direct taxes efficiently and ensuring compliance. It not only collects revenue for the government but also shapes tax policies, implements reforms, and provides guidance to maintain transparency and fairness in the tax system. Through its efforts, CBDT contributes significantly to the economic stability and development of the country.
