« Top Headlines » Open DEMAT Account in 24 hrs  MEF 2024-25 Now Open: Submit Your Multipurpose Empanelment Form at MEFICAI.org Before October 7  Best Tax Saving Investments for Senior Citizens in 2024  60 LPA Opening Manager - Business Finance  Didn't Receive the Income Tax Refund? This Might Be the Reason  Why we need a new Income-Tax Act  ITR 2024: No tax refund yet? Here's why it's delayed and how to check  ITR Filing: Income Tax Refund Not Received Yet? Here's What to Do Now  ITR Refunds for FY2023-24 (AY2024-25): Who will receive tax refunds quicker, filers of ITR-1, ITR-2 or ITR-3?  Penalties for Non-Adherence of MCA Notification on Audit Trail (Edit Log) w.e.f 1st April 2023  Income Tax: What is Section 148A notice and what are the new changes brought under Budget 2024?  GST on health and life insurance: How much do tax rates impact your premiums? check here «  Finmin not for tax sops to Delhi Metro... I-T dept registers 62% revenue growth in J&K... » I-T department plans to outsource data entry October, 05th 2006 Faced with a severe manpower crunch, the income-tax department is seeking to outsource data entry work to private companies. It is also planning to outsource its future Group D staff (such as peons) requirements. By outsourcing the work, the department will be able to dispense with 2,500-3,000 new posts at this level, a finance ministry official said. The Central Board of Direct Taxes has projected an additional requirement of around 15,000. Of this, nearly 6,000-7,000 additional staff will be required for data processing work related to annual information returns (AIRs). The income-tax department has collected a mine of information through AIRs. This has to be verified, compared with the tax returns of the individuals after identifying their permanent account number, and then processed further in case there is a mismatch between the investment undertaken and the income shown, the official said. In addition to new staff to verify and process AIRs, additional manpower is also required by the department in the position of tax assistants and inspectors. The recruitment of this additional staff would be on the lines of banking recruitment in order to have people on rolls by June next year.