Finance Minister Inaugurates the 27th Annual Conference of Chief Commissioners and Directors General of Income Tax; Asks Department to prepare itself for Transition from the Income Tax Act 1961 to the Direct Tax Code Bill Regime; Calls it Officers to Strive Hard to Achieve Tax Collection Target of Rs.5.33 Lakh Crores for 2011-12

Finance Minister Inaugurates the 27th Annual Conference of Chief Commissioners and Directors General of Income Tax; Asks Department to prepare itself for Transition from the Income Tax Act 1961 to the Direct Tax Code Bill Regime; Calls it Officers to Strive Hard to Achieve Tax Collection Target of Rs.5.33 Lakh Crores for 2011-12 https://www.taxtmi.com/news?id=1865 The Department must prepare in mission mode for transition to the Direct Tax Code, entailing redrawing business processes, rules, forms, manpower training and infrastructure; accelerate IT modernization including data mining, data warehousing and Centralized Processing Centres for real time enforcement and efficient TDS and return processing; and implement institutional reforms such as a Directorate of Criminal Investigation, preventive vigilance measures, litigation management and performance evaluation under the Result Framework Document. en-us Tue, 24 May 2011 17:47:47 +0530 Tue, 24 May 2011 17:47:47 +0530 TaxTMI RSS Generator Finance Minister Inaugurates the 27th Annual Conference of Chief Commissioners and Directors General of Income Tax; Asks Department to prepare itself for Transition from the Income Tax Act 1961 to the Direct Tax Code Bill Regime; Calls it Officers to Strive Hard to Achieve Tax Collection Target of Rs.5.33 Lakh Crores for 2011-12 https://www.taxtmi.com/news?id=1865 The Department must prepare in mission mode for transition to the Direct Tax Code, entailing redrawing business processes, rules, forms, manpower training and infrastructure; accelerate IT modernization including data mining, data warehousing and Centralized Processing Centres for real time enforcement and efficient TDS and return processing; and implement institutional reforms such as a Directorate of Criminal Investigation, preventive vigilance measures, litigation management and performance evaluation under the Result Framework Document. News - Tue, 24 May 2011 17:47:47 +0530 https://www.taxtmi.com/news?id=1865