IT dept needs 30,000 more officials

Finance ministry official says employees needed for smooth revenue collection and delivery

PTI | May 21, 2010



The income tax department needs to immediately add 30,000 more employees to carry out its existing operations, a senior finance ministry official said.

"To avoid affecting the overall revenue collection and delivery of tax payer services, the department immediately requires 22,000 additional employees apart from filling up the 8,000-odd vacant positions," the official said.

The department has 58,000 sanctioned positions and about 8,000 posts are lying vacant.

He said the department needs 4,000 officers (including 2,000 assessing officers), 4,000 inspectors, 12,000 tax assistants, data entry operators and other support staff, and about 2,000 as reserves.

The matter for additional staff will be raised in the annual conference of chief commissioners to be held in New Delhi on June 9 and 10, the official said.

"The department requires more staff to handle the massive data gathered by it through third party mechanism like Annual Information Return (AIR) and Central Information Branch (CIB)," he said.

The annual information return of high value financial transactions is required to be furnished under the Income-tax Act, 1961 by 'specified persons' in respect of 'specified transactions' registered by them during the fiscal.

The registering authorities for AIR are the Reserve Bank, and registrar of properties among others.

CIB collects information relating to specified transactions for which providing Permanent Account Number (PAN) is mandatory such as opening up of bank accounts, deals above Rs 50,000, property purchase of above Rs 5 lakh, and foreign travel involving expenditure of above Rs 25,000.

"The expansion of workforce from the current 50,000 to 80,000 would solve the immediate concerns of the department.

This will help in detecting tax evasion cases and deepen and widen the tax base," the officer said.

 

Comments

 

Other News

Elections ’24: Candidates discuss city issues at Mumbai Debate

With the financial capital of India readying to go for Lok Sabha polls in the fifth phase on May 20, a debate with the candidates was organised jointly by the Free Press Journal, Mumbai Press Club, Praja Foundation and the Indian Merchants` Chamber here on Wednesday. The candidates engaged with the audienc

What Prakash Singh feels about the struggle for police reforms

Unforgettable Chapters: Memoirs of a Top Cop By Prakash Singh Rupa Publications, Rs 395, 208pages Prakash Singh

General Elections: Phase 3 voter turnout 64.4%

Polling in third phase of General Elections recorded an approximate voter turnout of 64.4%, as of 11:40 pm Tuesday, as per the data released by the Election Commission of India close to the midnight. The trend of lower turnout witnessed in the first two phases has thus continued in this round too.

How infra development is shaping India story

India is the world’s fifth largest economy with a GDP of USD 3.7 trillion today, and it is expected to become the third largest economy with a GDP of USD 5 trillion in five years. The Narendra Modi-led government aims to make India a developed country by 2047. A key driver of this economic growth and

75 visitors from abroad watch world’s largest elections unfold

As a beacon of electoral integrity and transparency, the Election Commission of India (ECI) exemplifies its commitment to conduct general elections of the highest standards, offering a golden bridge for global Election Management Bodies (EMBs) to witness democratic excellence first-hand. It continues foste

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter