Top Income Tax, CBDT brass to meet in Delhi next week
June, 06th 2012
The top brass of the Income Tax department and CBDT will hold a brainstorming session on various issues related to black money, revenue collection and the proposed Direct Taxes Code (DTC) in Delhi next week.
The Directors General (DGs) and Chief Commissioners of Income Tax will get together on June 11 and 12 for their annual conference to deal with various challenges faced by the I-T department and the direct tax revenue collection set up, officials said today.
This will be the 28th edition of the conference. Finance Minister Pranab Mukherjee is expected to inaugurate the session on June 11 while senior officials of the Finance Ministry and those belonging to economic enforcement agencies under the Revenue department will participate in the event.
Some important policy decisions related to cadre restructuring of the I-T department and the Central Board of Direct Taxes (CBDT) are also expected to be announced during the conference, the officials said.
"Various issues and challenges being tackled by the department like the fight against black money, strategies for better tax collection and implementation of the proposed DTC are expected to be taken up during the two-day conference," a senior official said.
The conference will also deliberate on issues related to vigilance, technology upgradation and creation of infrastructure across the country.
A similar conference of the top officials of the Central Board of Excise and Customs (CBEC) is at present underway.