The Central Government is planning to utilize one per cent of its additional tax revenue for the development of the infrastructure of the Central Board of Direct Taxes (CBDT).
The Ministry of Finance, in a communication addressed to the CBDT officials, said that the Finance Minister had, in-principle approved the proposal to utilize 1% of the additional revenue generated by the Board during fiscal 2006-07 and in subsequent years to augment the infrastructure in the Income Tax Department so as to improve its operational efficiency, for better execution of the tax collection.
“As per the information collected from Directorate of Expenditure Budget, there is a possibility to utilize approximately Rs. 615 crores, after earlier expenditure incurred under this Out of this fund, proposals on Resource Centre cum Library, installation of ACs per range, Laptops to ITOs & above, Laptop for Inspectors, Laptops for AO/PS, smartphone for CIT & above & Mobile handsets for officers & officials of IT Department for approximately Rs. 264 crores are under process and active consideration,” the communication said.
“It is felt to explore the possibilities to initiate new schemes/proposals under 1% Schemes, looking to the need and necessity to improve efficiency & capabilities of the officers & officials of the Department.”
It therefore, directed the officials to submit fresh innovative proposals/ideas for enhancing the organizational efficiency and infrastructure under 1 % incentive scheme before 25th September.
