The Cabinet Thursday approved creation of 20,751 additional posts in the Income Tax department, at a cost of Rs.449.71 crore, to help it collect increased revenue and provide better services to tax payers, an official statement said.
According to a statement, among the new posts, 1,349 are in the Indian Revenue Service (IRS) cadre and 19,402 in the non-IRS cadre.
An additional expenditure of Rs.449.71 crore per annum is likely to be incurred on creation of additional posts and upgradation of some existing posts, said the statement.
The move would be more than compensated by the increased revenue of more than Rs.25,000 crore per annum proposed to be generated, said the statement.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app