PM Modi and Arun Jaitley to hold conference with IT officials

Newstrack
Published on: 23 May 2016 7:31 PM GMT
PM Modi and Arun Jaitley to hold conference with IT officials
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New Delhi: In an effort to overcome the ‘fund crunch’ being faced by the central government, Prime Minister Narendra Modi is expected to hold a conference with highly placed officials of the Income Tax (IT) department from all across the country next month.

“PM Modi and Finance Minister Arun Jaitley may interact with top brass of the IT department during their annual brainstorming and discussion conference in the national capital,” confirmed an income tax officer on condition of anonymity and added, “the conference is tentatively scheduled for June 14-17.”

PM Modi to personally guide the IT officials:

According to sources, Modi would expectedly be the keynote speaker whereas Jaitley could be the lead speaker, guiding the officials of IT and Central Board of Direct Taxes (CBDT) about the government’s plans of financial inclusion. The prime motive of the conference is to ensure a transparent tax regime for business and foreign investors.

Modi has been reiterating the need of making policies to attract the taxpayers in his recent review meetings with the Central Board of Direct Taxes (CBDT) – policy making body of the Tax Department.

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