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: cpt :: articles on VAT and GST in India :: empanelment :: TDS :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: due date for vat payment :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: form 3cd
News Headlines »
 Amendment in Delhi Value Added Tax Rules, 2005.
 The Companies (Management and Adminjstration) Third Amendment Rules, 2015.
 Government May Further Simplify Income Tax Return Forms, Sets Up Committee
 Tax-saving strategies for latecomers
 Extension of last date for submission of Application Form for financial assistance from CASBF
 The Companies (Management and Adminjstration) Third Amendment Rules, 2015.New
 New generation tax-filing mobile app for CAs
  Filing of online return for second quarter of 2015-16 - extension of period thereof
 Taxation on mutual funds and tax offset provisions
 Companies (Share Capital and Debentures) Third Amendment Rules, 2015
 Relaxation of,additional fees and extension of last date of liling of AOC-4, AOC"4 XBRL and MGT-7 E-Forms under the Companies Act,

Restructuring of Income Tax Dept by April
February, 28th 2009

The cadre review and restructuring of the Department of Income Tax would be finalised by April this year.

The exercise has been initiated in the wake of Sixth Pay Commission recommendations and the changing work scenario due to technology integration and automation of many functions.

Talking to mediapersons here today on the sidelines of the state level joint conference of IT Employees Federation and IT Gazetted Officers Association, Member (Personnel) Central Board of Direct Taxes (CBDT) Sk Naimuddin said that the 19-member Cadre Review Committee would be submitting its report on the basis of consultations with all stake-holders across all sections and regions within April first week.

Action would be taken accordingly. The last restructuring was done in 2001-02.

Naimuddin emphasised on a fresh look into the cadre structure in order to enable and equip the IT Department to meet challenges ahead.

The move also assumes significance as the Department is undergoing a massive computerisation of its offices which would be completed in three to four months, he said.

The Direct Tax collection target which have been pared down to Rs 3.45 lakh crore under the impact of the global economic downturn for the 2008-09 fiscal would be met.

Already Rs 2.61 lakh crore have been achieved, he added.

Commissioner of IT Orissa, Trailokya Jena said there has been significant growth in tax collections in the State over the recent years. The Bhubaneswar region had posted a growth rate of around 33 per cent.

The target for Orissa for the 2008-09 fiscal has been put at Rs 4,765 crore of which Rs 3,692 crore have been achieved.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2015 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

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