The recently-reconstituted Central Board of Direct Taxes (CBDT) will hold its first meeting on Monday to review tax collection, an income tax department source said Thursday.
The source told IANS that the six-member CBDT, which has four new members, is slated to hold a meeting via video link with senior tax department officers from across the country Dec 22. A major reshuffle had been effected in the CBDT recently in which the newly-appointed four members were allocated their charges and work area. One member has been working in the board earlier.
The upcoming meeting will also take forward the decisions of the October review meeting of senior tax officials to assess the revenue collection target for the current fiscal which was chaired by Finance Minister Arun Jaitley, the source added.
The government aims to collect Rs.736,000 crore from direct taxes in the current fiscal, whereas it had collected Rs.636,000 crore last year. Net tax receipts in the first half of 2014-15 stood at Rs.323,000 crore.
