CBEC Current Affairs

Rajaswa Gyan Sangam 2017 held in New Delhi

The 2017 Rajaswa Gyan Sangam, a two-day annual conference of senior tax administrators was held at Vigyan Bhawan, New Delhi. It was inaugurated Prime Minister Narendra Modi.

The conference was jointly organised by Central Board of Direct Taxes (CBDT) and Central Board of Excise & Customs (CBEC).

Key Facts

The objective Rajaswa Gyan Sangam 2017 was to enable two-way communication between policy-makers and senior officers in field offices with view to increase revenue collection and facilitate effective implementation of law and policies in key result areas.

The conference was attended by senior officers of CBDT and CBEC. The senior officers of Finance Department of the States and Union Territories for first time also had attended conference.

Various joint sessions, separate Technical Sessions of each Board were held during two-day Conference. Issues arising in implementation of policies and strategies to achieve targets in core functional areas were discussed. Such issues discussed included HR issues, Strategies for Revenue Maximisation, Litigation Management, Taxpayer Services, Tax Evasion, GST and Customs Reforms and Modernisation.

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Government sets up new wing to provide intelligence inputs

The Union Government has set up Directorate General of Analytics and Risk Management (DGARM), a new wing to provide intelligence inputs taking action against tax evaders.

It has been has been set up will be under the Central Board of Excise and Customs (CBEC). It will also do big data analytics for taxmen for better policy formulation.

Key Facts

The DGARM was set up on 1 July 2017, coinciding with rollout of Goods and Services Tax (GST). It will function as an apex body of CBEC for data analytics and risk management and will report to the chairman of CBEC. It will utilize internal and external data sources for detailed data mining and analysis to generate outputs for focused and targeted action by field formations and investigation wings of the CBEC.

The field formations of CBEC are also expected to gainfully and effectively utilise the data and other inputs shared by the DGARM. The data analytics and processing coupled with intelligence inputs by DGRAM will provide the CBEC the national and sub-national perspective for policy formulation.

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