(LiveMint)
The government has ordered a fresh cadre review and restructuring of the income tax department with an aim to create a “caring but strict” direct taxes regime in the country. The Central Board of Direct Taxes (CBDT), that frames policy for the I-T department, on Monday ordered the creation of a 12-member committee of senior officials to accomplish the task within the next three months.
The development assumes significance as another committee or task force to draft a new direct tax law to replace the existing Income Tax Act is already a work in progress, and has been asked by the government to submit its report by February 28. The new committee to undertake cadre review and restructuring of the department has been given a specific four-point charter to follow. A copy of the terms of reference of the committee has been accessed by PTI and it said the panel will suggest ways to “organise the I-T department in a manner which will further promote compliance with direct tax laws through caring taxpayer service and strict enforcement.”
