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: list of goods taxed at 4% :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: form 3cd :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: due date for vat payment :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India
 
 
News Headlines »
 How to claim income tax refund
 How to time your buys to have best of two tax regimes
 Here's why you must always check Form 26AS before filing tax return
 Want to file your income tax return after June 30? Having Aadhaar card is a must
 Timeline for filing of tax returns extended by two months
 Top 5 common mistakes to avoid while filing your income tax returns
 GST rollout on July 1: Deadline for filing tax returns extended
 What is GST?
 Income-tax (15th Amendment) Rules, 2017?
 Banks get a breather as GST Council extends deadline for tax filing
 Income Tax filing: Your easy guide in 7 steps

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