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<h1>Ministry of Finance Oversees Direct Taxes; CBDT Manages Policy and Administration via Income-Tax Department</h1> The revenue functions of the Government of India are overseen by the Ministry of Finance, which delegates the administration of direct taxes, such as Income-tax and Wealth tax, to the Central Board of Direct Taxes (CBDT). The CBDT, a part of the Department of Revenue, is responsible for policy framing, planning, and administering direct tax laws through the Income-tax Department. The Income-tax Department operates under the control and supervision of the CBDT to enforce Income-tax Law.