Are you someone who wants to work for the nation and pursue a profession that is highly rewarding? Does finance excite you, but you don’t want to do the monotonous 9 to 5 office jobs?
Many individuals have the zest in them to work towards the development of the nation and citizens and bring a revolution.
If you want to work in finance and want to join the Civil Services, in this blog we will discuss how to become an Indian Revenue System Officer and a lot more! Read on!
After the IAS, IPS, and IFS, the IRS officer is the fourth most respected officer in the Civil Services. They are composed of IRS (C&CE) and IRS (IT). IRS officers are responsible for the collection, administration, and policy development of direct (Income, Corporate, Wealth, FBT, and so on) and indirect (Central Excise, Service Tax, and even Customs Duty) taxes.
These officers are India’s tax collectors. They are either administered by the Central Board of Direct Taxes (CBDT) or the Central Board of Excise and Customs (CBEC) in the Ministry of Finance’s Department of Revenue.
Learn more: How To Become A Chief Revenue Officer – A Detailed Guide
You can opt for any stream after completing the 10th grade. Students must complete their 10+2 successfully with a minimum of 60% aggregate marks.
To become an IRS Officer, one essential step for you is to clear the Union Public Service Commission (UPSC) Exam. Therefore, you need to start preparing for it as soon as you realize that you want to join the Civil Services.
So, in this section, we will discuss how to become an Indian Revenue System Officer and how you can join the Civil Services.
If you are keen on learning about these topics, want hands-on exposure, and want to know more about how to become an Indian Revenue System Officer, check out the Clever Harvey JuniorMBA in Finance course.
How To Become An Indian Revenue System Officer After 10th?
If you are highly determined to join the Civil Services and you realize your passion early in life, this is the best time for you to start preparing for the UPSC Exams. Once you complete 10th, take up any stream that you are inclined to.
How To Become An Indian Revenue System Officer After 12th?
The minimum eligibility criteria for you to join the IRS is to have at least a Bachelor’s degree. It is recommended to major in Commerce, with electives in Business Economics and Accountancy, since IRS majorly focuses on finance and revenue.
If you want to know how to become an Indian Revenue System Officer, here are a few Undergraduate Courses that you can consider.
| Courses | Duration |
| BA Economics | 3 years |
| BBA Finance | 3 years |
| B.Com Finance | 3 years |
| B.Com (Hons) | 3 years |
If you want to know how to become an Indian Revenue System Officer, here are a few things you need to keep in mind.
Prepare thoroughly for your UPSC exams. Maintain current knowledge of political affairs, international affairs, and general knowledge. Once you clear all the 3 stages of the UPSC Exams, you will have to go through training.
You will have to go through 3 months of foundational training at the Lal Bahadur National Academy of Administration (LBSNNA) with officers from All India Services and other services (Group A), followed by 15 months of professional training in NACEN Faridabad for officers of Customs and Excise and NADT Nagpur for officers of Income Tax, where they will be trained in concerts and advances in management, law, taxation, and public policy.
Following the completion of the training period, the IRS officer will be assigned to various regions.
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Also read: Career As A Chartered Financial Analyst
Indian Revenue Service officers are assigned to the position of Assistant Commissioner of Income Tax after completing their training. The salary of an IRS officer ranges from Rs.15,600 to Rs.39,100, with a pay grade of Rs.5,400.
The Assistant Commissioner of Income Tax is the next level up from the Deputy Commissioner of Income Tax. This position’s IRS officer salary range is Rs.15,600-39,100 per month, with an Rs. 6,600-grade pay.
An IRS officer’s salary as a Joint Commissioner of Income Tax is Rs.15,600-39,100 with an Rs.7,600-grade pay, and they are assigned to the job of Head/Special Secretary of government departments.
An IAS officer receives better facilities and benefits than an IRS officer. In comparison to the IRS, the IAS offers promotions more quickly. An IAS officer, for example, can become a Commissioner in about 16 years, whereas an IRS officer can take 20-22 years.
The IRS Mains Exam Pattern consists of nine papers in total. The first two papers are qualifying in nature, Compulsory Indian Language and English. Aside from that, the main papers include 1 essay paper, 4 general studies papers, and 2 optional subject papers.
IRS(IT) allows you to gain knowledge in almost every aspect of the economy. The number of Commerce students sitting for the Civil Services Exam has increased.
The primary function of an IRS officer in the field is to levy and collect taxes. An important role is to ensure that willful tax evaders are prosecuted and that revenue collection is complete and consistent. IRS officers serve as investigators and prosecutors in addition to being tax administrators.
Applicants for the IRS must have a bachelor’s degree in any field from a government-approved college. Aspirants who have reached the age of 21 but have not yet reached the age of 30 on August 1st of the examination year are eligible to apply.
The IRS officer salary range for this position is Rs.15,600-39,100 per month, with an Rs. 6,600-grade pay.
To pursue an undergraduate degree in accounting or business, the candidate must have completed XII class, preferably in the field of commerce. Aside from educational qualifications, the candidate should also have relevant work experience. Graduate with a degree in Business or Commerce.
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