Press
Information Bureau
Government
of India
Ministry
of Finance
Restructuring of the Income Tax
Department
The Union Cabinet today approved the proposal
for creation of 20,751 additional posts in theIncome Tax Department in
various cadres that is 1349 additional posts in the IRS cadre and 19,402
additional posts in the non-IRS cadres. This
will help the Income Tax Department collectincreased revenue and
provide better tax payers services.
An additional expenditure of Rs. 449.71 crore
per annum is likely to be incurred on creation of additional posts and
upgradation of some existing posts. This additional expenditure would be more
than compensated by the increased revenue of more than Rs. 25,000 crore per annum proposed
to be generated as a result of this exercise.
*****
Text of Business Standard News about CBEC Restructuring:
Meanwhile, there is another proposal for a cadre restructuring of Central Board of Excise & Customs (CBEC). This will add 20,000 officers to its existing workforce of 66,808 officers, taking it to 86,808, and this may give additional revenue of about Rs 68,000 crore.
The CBEC's proposal may take a little longer as it is running behind CBDT proposal in terms of securing some key approvals. The proposal was recently approved by Chidambaram. It will now have to be cleared by the Department of Expenditure and then the Department of Personnel and finally the Cabinet.
So, both the proposals would add to extra over Rs 93,000 crore a year to the government kitty. This means that each employee will add to Rs 2.28 crore a year to the government kitty on an average.
The additional revenue will be over and above the Budget Estimates of Rs 6,68,109 crore for direct taxes and Rs 5,65,002 crore for indirect taxes. However, the entire workforce may not be added within this financial year even if the proposals are cleared soon.
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