Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: TDS :: ACCOUNTING STANDARD :: form 3cd :: VAT RATES :: cpt :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT Audit :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: ACCOUNTING STANDARDS
Direct Tax »
 Deadline For Income Tax Returns Filing Only 12 Days Away. 10 Points
 Income Tax: E-assessment ensures greater efficiency in the taxation system
 10 Points Deadline For Income Tax Returns Filing Only 2 Weeks Away.
 Income tax returns (ITR) filing: A step by step guide to check your ITR status online and offline
 How to save tax; amazing tips to make your money stay in your wallet Income tax returns (ITR) filing
 Want to save tax? Here are the best options
 Suggestion For Option To Assessee For Higher And Lower TDS/TCS For Optimization Of Tax Collection And Refunds
 CBDT to conduct nationwide review of tax collection for FY18 today
 Here are a few last-minute tax saving ideas Not planned taxes yet?
 Confessions of a fake CA exposes lacuna in e-filing of tax return
 Greetings from the income tax department

Cabinet may recommend new norm for appointment of CBEC, CBDT chiefs
June, 02nd 2011

The Union Cabinet is likely to recommend merit-cum-seniority as the basis for appointment of chairmen of two revenue boards in the finance ministry Central Board of Excise and Customs and Central Board of Direct Taxes at its meeting on Thursday.

This would reverse a 2008 order of the government which said that to be eligible for the post of chairman, a member of either of the revenue boards had to have a minimum of one year's service left. This had led to many officers missing out as they had just 11 months service left.

To remove this anomaly, finance minister Pranab Mukherjee had set up a one-man committee comprising former revenue secretary P G Mankad in January 2010 to review the selection process and suggest changes in the service rules. The two boards, CBDT and CBEC, function under the revenue department of the finance ministry.

The government has, however, not accepted another key recommendation of the Mankad committee that once the seniormost member is appointed chairman, he should be given a fixed tenure of one year.

The change, once accepted, will regularise the appointment of Prakash Chandra, who was on Wednesday named chairman of CBDT, as also Sumit Dutt Majumdar, who has been acting as the chairman of CBEC since November 2010.

The two important revenue offices control the Income Tax investigation, Directorate of Revenue Intelligence (DRI), all Customs, excise and service tax intelligence agencies and the Central Economic Intelligence Bureau.

Investigative agencies under the revenue department are currently handling some of the most politically sensitive cases, including the 2G spectrum scam, Commonwealth Games scam, the role of politicians in IPL franchisees, besides disproportionate assets of many senior present and former bureaucrats.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

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