After B'lore, Pune and Maneasar to get digital I-T centres: FM

Two more locations to have Centralised Processing Centres

PTI | May 31, 2010



Finance Minister Pranab Mukherjee today said that after Bangalore, two more centres that handle I-T returns digitally would be set up at Pune and Maneasar.

The Finance Minister also asked the Income Tax Department to partner with the corporate sector to automatise its non-core processes, so as to achieve economy of scale.

"I am happy to announce that the Income Tax department has identified two more locations for setting up Centralised Processing Centres (CPC) in Pune and Maneasar," Mukherjee said after dedicating the CPC here to the nation.

The CPC at Bengaluru processes electronic tax returns for the entire country, besides physical returns for the Karnataka and Goa regions.

"I am glad to note that the CPC has become operational in a short period of time. It has processed over 7 lakh returns during this period," Mukherjee said.

Mukherjee said that Bengaluru, the IT capital of India, was appropriately chosen as the location for the first CPC.

The CPC project at Bengaluru was approved by the Union Cabinet at a total cost of Rs 255 crore over a five-year period. The centre has been set up with technological support from Infosys.

These kinds of initiatives are beneficial to the taxpayer as well as the I-T Department because it not only reduces the compliance cost for the taxpayer, but also helps the department collate the information for tax policy planning as well as sector-based investigations, Mukherjee said.

 

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter