The council suggested that the 15th Finance Commission under the chairmanship of N. K. Singh will have to take a nuanced approach towards tax devolution to the states, other transfers, financing of expenditures in the midst of revenue strains including through borrowings and the path of fiscal consolidation.
The government has assured income tax officials that implementation of the new faceless and contactless tax administration would not cause any large-scale movement of officers or officials and all the changes would be done within the existing manpower preferably at the existing locations.
New Delhi: Finance Minister Arun Jaitley will tomorrow launch eSahyog and Pan camps, initiatives of the Income Tax Department to improve services.Through eSahyog he will launch the paperless initiative of the Central Board of Direct
NEW DELHI: With income tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the I-T department has carried out a large-scale restructuring and jurisdictional change of its
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