CBDT Restructuring Approved , CBEC in Offing !

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The Union Cabinet today approved the proposal of restructuring of income tax department by  creation of 20,751 additional posts  in various cadres that is 1349 additional posts in the IRS cadre and 19,402 additional posts in the non-IRS cadres. An additional expenditure of Rs 449.71 crore per annum is likely to be incurred on creation of additional posts and up gradation of some existing posts, Finance Minister P Chidambaram told reporters after the Cabinet meeting.