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of <h1>Income Tax Board Proposes Central Information Branch to Enhance Economic Data Collection and Efficiency, Sets Performance Standards.</h1> The circular issued by the Board on August 2, 1975, addresses the collection, collation, and dissemination of economic activity information by income tax authorities. It highlights inconsistencies in information gathering by the Special Investigation Branch across different regions and the lack of a proper mechanism to verify the use of such information. To improve efficiency, the Board proposes renaming the Special Investigation Branch as the Central Information Branch, assigning it specific responsibilities, and ensuring regular inspections. The circular also emphasizes avoiding overlap with Survey Circles and notes that performance standards will be established following a work-study.
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