Career as an Indian Revenue Service Officer

Do you want to work for the country and pursue a career that will be very fulfilling? Are you interested in finance but dislike the routine 9 to 5 office jobs?

Many people have it in them to work to improve their country, and its people and to start a revolution. Many young aspirants actually get that chance by joining the civil service.

This blog will cover many topics if you want to work in finance and join the Civil Services, including how to pursue a career as an Indian Revenue Service Officer. Read on!

What does an Indian Revenue Service Officer do?

Here’s a list of duties you will have to perform if you want to pursue a career as an Indian Revenue Service Officer.

• Guardians of the economic borders are members of the Indian Revenue Service (IRS). They are appointed to law enforcement and intelligence organizations like the Central Bureau of Investigation, Research, and Analysis Wing, Intelligence Bureau, etc.
• Duties in the departments of income tax and customs – Identification of tax evasion is a serious responsibility placed on IRS agents. They have the legal authority to look for and seize wealth that has been accumulated illegally, as well as to apprehend offenders to stop further evasions.
• IRS agents have been actively investigating and exposing numerous frauds across the nation.
• IRS officers carry all significant border postings, safeguard the nation’s economic borders, and prevent smuggling. They engage in high seas patrolling missions and proactive anti-piracy and smuggling operations.

Job roles

To pursue a career as an Indian Revenue Service Officer, here are a few roles in the Indian Revenue Service.

1. Assistant Commissioner of Income Tax
2. Deputy Commissioner of Income Tax
3. Joint Commissioner of Income Tax
4. Additional Commissioner of Income Tax
5. Commissioner of Income Tax
6. Principal Commissioner of Income Tax
7. Chief Commissioner of Income Tax
8. Principal Chief Commissioner of Income Tax

Career path to become an Indian Revenue Service Officer 

In this section, you will get to know how you can pursue a career as an Indian Revenue Service Officer.

Path 1:

Complete your 10+2 in any stream but the Commerce stream is recommended for IRS since it will teach you the basics of Accounting which is important in the field of finance. Pursue a Bachelor’s degree in finance or economics followed by a master’s degree in the relevant field. 

To join the Civil Services and establish a career as an Indian Revenue Service Officer, you need to appear for the Union Public Service Commission Exam after you complete your graduation.

Salary in different career stages of an Indian Revenue Service Officer 

Here’s a table with the salary figures for the career as an Indian Revenue Service Officer.

Designation	Salary
Assistant Commissioner of Income Tax	Rs. 15,600 – 39,100
Deputy Commissioner of Income Tax	Rs. 15,000 to 39,000
Joint Commissioner of Income Tax	Rs. 15,000 to 39,000
Additional Commissioner of Income Tax	Rs. 37,400 to 67,000
Commissioner of Income Tax	Rs. 37,000 to 67,000
Principal Commissioner of Income Tax	Rs. 67,000 to 80,000
Chief Commissioner of Income Tax	Rs. 75,000 to 80,000
Principal Chief Commissioner of Income Tax	Rs. 80,000

Skills to be an Indian Revenue Service Officer 

To establish a career as an Indian Revenue Service Officer, you need to develop these skills.

1. Analytical Skills:
   An IRS trainee at the National Academy must be able to take in a lot of information and then filter it down into something useful, understandable, and logical. There may occasionally be more than one approach or precedent that can be used to deal with a circumstance.
2. Communication Skills:
   Speaking well in front of representatives from various state and national administrations is expected of an IRS officer, so having these skills is crucial.
3. Judgment Skills:
   An IRS officer will frequently have to make a number of critical decisions with little time to determine whether they are correct or incorrect. There will be times when an assertion has more than one logical conclusion, and it may be difficult to decide which is most appropriate.
4. People skills:
   An IRS officer needs to be influential, well-spoken, and able to read people. This enables them to gauge the reactions of others and the objectivity of witnesses. Being approachable enables them to choose the best proposal to make in order to get the desired result.
5. Research Skills:
   Without an undeniable fact, no argument can be won, especially a legal one. For IRS officers to comprehend the state’s situation and requirements and formulate legal strategies, they must be able to conduct research quickly and effectively. An IRS officer must first absorb and comprehend a lot of information before filtering it down to something useful when creating official schemes.

Is the Indian Revenue Service a good career?

People who work in the civil service can be very effective because it allows them to contribute to the development of their country and to the creation of things that improve the lives of others. High job satisfaction is a benefit. The civil service salary structure has resembled the corporate sector since the 7th pay commission. This job offers excellent benefits and subsidies. The civil service profession offers some of the best-paying jobs in India. 

This highly regarded career will give you the opportunity to make decisions that can uphold order and the law, represent your country in international forums, participate in development work, interact with various people, visit various regions of the country, and much more. You’ll be relieved to learn that employees of the civil service cannot be fired easily, in contrast to corporate sectors. Huge job security is provided. The individual will have the chance to work for 60 years or more once they are chosen and given the ideal role based on how they perform.

If you are keen on learning about these topics, want hands-on exposure, and want to know more about how you can pursue a career as an Indian Revenue Service Officer,  check out the Clever Harvey JuniorMBA-Finance course.

Exams to clear to become an Indian Revenue Service Officer

One of the necessary steps for you to become an IRS Officer is to pass the Union Public Service Commission (UPSC) Exam. As soon as you decide that you want to join the Civil Services, you must begin preparing for it.

Therefore, we will go over how to join the Civil Services as well as how to pursue a career as an Indian Revenue Service Officer in this section.

• Complete the IRS application form.
• The UPSC Prelims is the first test you need to take. Candidates must pass the UPSC Prelims in order to be considered for the UPSC Mains exam.
• You are qualified to take the UPSC Mains Exam once you pass the UPSC Prelims.
• Since the final results are prepared using the scores from the Mains and Interview rounds, the UPSC Mains exam is important.
• The aspirants must go through an interview round in this final stage of the UPSC Exams, which is essentially a personality test. Following the conclusion of the interview round, the final results are declared. All applicants who pass each of the exam’s three levels are qualified to work for the IRS.

If you are keen on learning about these topics, want hands-on exposure, and want to know more about how you can pursue a career as an Indian Revenue Service Officer,  check out the Clever Harvey JuniorMBA-Finance course.

Educational qualifications to become an Indian Revenue Service Officer

You must have a bachelor’s degree or higher to be eligible to work for the IRS. Since IRS primarily focuses on finance and revenue, it is advised to major in commerce with electives in business economics and accountancy.

Here are some undergraduate courses you might want to think about to pursue a career as an Indian Revenue Service Officer. 

1. BA Economics
2. BBA Finance
3. B.Com (Hons)
4. B.Com Finance
   
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References

Books to read

• CSAT-UPSC – Civil Services Aptitude Test
• IRS enrolled agent exam study guide 2013-14.
• IRS tax preparer course & Rprt exam study guide 2013

That’s all you needed to know about your career as an Indian Revenue Service Officer. We hope this blog helped you and answered all your questions about what you would have to do as an IFS Officer, how much you can earn, and, the skills you need. Good luck!

FAQs about a career as an Indian Revenue Service Officer