Arun Jaitely to meet top I-T Commissioners later this month 20/10/2014


Arun Jaitely to meet top I-T Commissioners later this month
20/10/2014 17:31
Finance Minister Arun Jaitely is likely to hold a review-cum-strategy meeting of top I-T Commissioners later this month to boost revenue collection work, said the media report.
According to the official source, the Principal Chief Commissioners and Chief Commissioners of Income Tax department in the country have been asked by the CBDT to update and prepare latest reports about the status of tax collections in their respective regions before the meeting.
"The meeting is tentatively scheduled for the last week of this month and the exact date will soon be notified. In the meantime, the CBDT has asked all cadre controlling Chief Commissioners to prepare the latest data of tax collection in their regions which should be updated till October 20," a senior I-T officer said.
The meeting is not only expected to review the job done till now but also to strategise steps that will bolster these efforts, the officer said.
The Central Board of Direct Taxes (CBDT), the apex policy making body of the I-T department, has asked these officers to prepare the status reports under separate and detailed heads of collection from each sector so that a threadbare discussion can be held between the Finance Minister and the senior brass of the department.
This is the second time Jaitley will be meeting the zonal heads of I-T after he met them during their annual conference here in June.
The government has fixed direct tax collection target of over Rs 7,36,221 crore for 2014-15, which is 15 per cent higher than the last fiscal's revised estimates.