Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: due date for vat payment :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: list of goods taxed at 4% :: TDS :: empanelment :: cpt
 
 
News Headlines »
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful
 Your deposit may draw income tax notice
 Accepting payment under IDS 2016
 New disclosure scheme could see 50% tax and 4-year limit on cash use for unaccounted deposits
 Pay 50% tax on unaccounted deposits, or 85% if caught, says Modi government
 Deadline to pay property tax in old currency extended
 Cabinet clears amendments to Income Tax Act

Revenue dept demand for 7,051 extra posts to be taken up today
November, 02nd 2006
The Cabinet is scheduled to consider on Thursday a revenue department proposal for an additional 7,051 posts in various cadres of the income tax department. 
 
These posts, which are expected to cost the government around Rs 150 crore, have been necessitated by the introduction of new taxes like the banking cash transaction tax, increased scrutiny and audit, and measures like filing of Annual Information Returns. 
 
The IT department has projected that the creation of additional posts will help it bring down the cost of collection of direct taxes to 0.75 per cent, which compares well with countries like Japan (1.78 per cent), Australia (1.16 per cent), Singapore (0.9 per cent), Indonesia (0.38 per cent), and USA (2 per cent). 
 
The revenue departments current strength is 1.32 lakh, of which some 60,000 are in the CBDT, and it is the third largest government department in the country in terms of manpower after police and posts. 
 
Most of the new officials will be engaged in scrutiny, audit, tax deducted at source, and AIR related work. While 4,365 officials will be used for scrutiny work, 880 will be used for TDS, 532 for audit, 319 for Annual Information Returns, 275 for tribunals, 72 for vigilance, and 98 for banking cash transaction tax work. 
 
The revenue department has proposed the new posts will be notified within 60 days of the Cabinets approval and be filled up within three years. 
 
The 7,051 posts include 33 posts of commissioner, 137 posts of additional/joint commissioner of income tax, 118 posts of deputy/assistant commissioner, 244 posts of income tax officer, 1,193 posts of inspector, 62 posts of office superintendent, 248 of senior tax assistant, 4,014 of tax assistant, 58 of data processing assistant and 944 posts of stenographer. 
 
The proposal for creation of 7,051 posts and revival of 3,470 posts had earlier been approved by the Committee of Secretaries (CoS). The total cost to the government on this account was estimated at Rs 222 crore. 
 
The CoS had also approved that 2,500 data entry operators, 2,046 peons and group D staff would be outsourced.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Services SEO LLC e-boost Search Engine Optimization Services Internet Marketing Services Website Placement Services On-site Webs

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions