CURRENT AFFAIRS

Detailed explanation-1: -The Excise Inspector comes under the Central Board of Indirect Taxation and Customs (CBIC) and the Income Tax Inspector comes under the Central Board of Direct Taxation (CBDT). But both posts are under the revenue department of the Ministry of Finance.

Detailed explanation-2: -CBIC is a statutory body established under the Central Boards of Revenue Act, 1963. CBIC was formed in 1964 when the Central Board of Revenue was split into the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs, which was renamed the Central Board of Indirect Taxes and Customs in 2018.