Current Affairs India - 29 October 2015

1. Union Finance Minister Arun Jaitley launched the e-Sahyog pilot project to simplify the taxation procedure which aims to reduce compliance cost, especially for small taxpayers and provide an online platform to resolve mismatches in income tax returns of taxpayers. e-Sahyog supports the Central Board of Direct Taxes' (CBDT) long term objective to stop any physical meet between the taxpayers and tax authorities to resolve any discrepancy.


2. Senior IRS officer Najib Shah has been appointed as Chairman of Central Board of Excise and Customs (CBEC), the apex body on Indirect Taxes. He will hold the post till March 2017 till he attains retirement age of 60 years. He was also the Interim Chairman of the CBEC after retirement of Kaushal Srivastava in June 2015.