Finmin seeks suggestions for budget

Tags: News
The Revenue department has begun prepartions for the annual budget presentation exercise as it has asked field formations of central tax departments to prepare suggestions in this regard.

The Central Board of Direct Taxes (CBDT), the apex policy making body for I-T department, has recently asked all its Chief Commissioners to provide suggestions and ideas with regard to the forthcoming budget.

The communication said the annual budget for 2014-15 is expected to be presented soon after the general elections and hence the officials have been asked to send in their respective recommendations.

Officials said a similar communication has been issued by various other wings of the Finance Ministry to their ground offices.

The general elections will be taking place in nine phases and the poll results are scheduled to be announced on May 16.

EDITORIAL OF THE DAY

  • Not warnings, total prohibition of smoking is the only answer to restoring citizens’ health

    In a landmark judgment the Supreme Court on Wednesday said the tobacco industry must adhere to government rules requiring stringent health warnings on

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

Japan’s seismic shocks raise big questions

In the middle of April the region of Kumamoto on ...

Zehra Naqvi

The flame of hate

Pyre. The name itself evokes a sense of foreboding, casting ...

Bubbles Sabharwal

Whiners and complainers, please exit

We all know WC stands for a water closet, a ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture