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: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: due date for vat payment :: cpt :: list of goods taxed at 4% :: empanelment :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: articles on VAT and GST in India :: form 3cd :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: VAT RATES
 
 
News Headlines »
 Income Tax Department expands list of deposits, transactions under scrutiny
  Income-tax Act, 1961 read with Rule 114E of Income-tax Rules, 1962
 Master Directions on Access Criteria for Payment Systems
 RBI-Scheduled Bank's Statement of Position in India as on Friday, January 06, 2017 (Revised)
 3 Big Mistakes To Avoid This Tax Season
 The Top 5 Tax Stories Of 2017
 Are multiple service tax rates in the offing?
 All you need to know about claiming tax break on HRA
 How much income tax you should pay on investments in gold?
  Best ways to save tax in 2017
 8 unknown stocks that could yield huge returns

Tax men want Rs 1.32 lakh as salary per month
March, 10th 2007

Tax collectors engaged in mopping up customs, central excise and service tax have demanded that top officials of the Central Board of Excise and Customs (CBEC) be paid a monthly salary of Rs 1,32,000.

In a memorandum to the Sixth Pay Commission, the Indian Revenue Service (Customs and Central Excise) Association has suggested that the post of the CBEC chairman be upgraded to that of Principal Secretary and he be paid as much as the Cabinet Secretary.

The association also demanded that the CBEC be upgraded to a Department and the retirement age of officers be raised to 62 years.

At present, CBEC chairman gets a fixed salary of Rs 26,000 while the starting salary of an IRS officer, excluding other allowances, is Rs 8,000.

Making a case for market-linked emoluments, the association demanded that the starting salary of an IRS officer should be Rs 26,400 per month, going up to Rs 1,32,000 per month for Members, who should be ranked at par with Secretary in the central government.

The association also demanded harmonised service conditions for All India Services and suggested that same batch officers be simultaneously considered for appointment of Joint Secretary, Additional Secretary and Secretary.

The association further suggested to the sixth pay panel that separate units be set up for Special Economic Zones (SEZs) and collecting service tax.

The CBEC, which currently has a cadre of 2,130 officers, collected Rs 2,40,000 crore in 2006-07 as customs, central excise and service and is expected to mop up Rs Rs 2,79,000 crore during 2007-08.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

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