Thursday, April 25, 2013

Cadre Review : Group of Ministers to meet on 29.04.2013

Let's visit the current status of the case. TIOL has come to learn that the CBDT case, which has been running months ahead of the CBEC, was finally referred to the Committee of Secretaries after the DoP&T came up with their partisan prescription to make amendments in their proposal. The issue has presently been escalated to the level of a Group of Ministers (GoM), headed by the Defence Minister. There are about half a dozen other key Ministers in this GoM, which is slated to meet coming Monday (April 29). The only item on its agenda is to look into the fairness of the demand made by the CBDT and how justified is the rejection by the DoP&T. If the GoM approves the proposal with a few alterations, it would pave the way for the CBEC proposal, which has been approved by the Finance Minister recently, and it has to now snake through the Department of Expenditure and then to the DoP&T before it gets the 'bureaucratic nod' to get escalated to the Cabinet-level. The only hope for its speedy clearance is the decision of the GoM on the CBDT proposal. Whatever formula is accepted for the CBDT, the same would apply to the CBEC, which is gearing up for the proposed GST but has not taken any new posts for now matured Service Tax.
View the full article in Taxindiaonline

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