Which department of the Telangana government is responsible for tax collection?

Department of Finance
Commercial Taxes Department
Department of Revenue
Department of Industries

The correct answer is: B) Commercial Taxes Department

The Commercial Taxes Department is responsible for the collection of all taxes in Telangana, including sales tax, value-added tax, and excise duty. The department also enforces tax laws and regulations, and provides taxpayer services.

The Department of Finance is responsible for the overall management of the state’s finances, including budgeting, accounting, and debt management. The Department of Revenue is responsible for collecting taxes and other revenue from the state’s residents and businesses. The Department of Industries is responsible for promoting and developing the state’s industrial sector.

The Commercial Taxes Department is a large and complex organization with a wide range of responsibilities. The department is headed by the Commissioner of Commercial Taxes, who is appointed by the state government. The Commissioner is assisted by a number of Deputy Commissioners and Assistant Commissioners. The department also has a large number of field staff, who are responsible for collecting taxes and enforcing tax laws.

The Commercial Taxes Department is a key player in the state’s economy. The department collects billions of rupees in taxes each year, which are used to fund the state’s essential services. The department also plays a vital role in ensuring that businesses comply with tax laws.

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