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Nirmala Sitharaman to inaugurate Aayakar Bhawan of IT Dept

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Kochi: Union Minister for Finance and Corporate Affairs Ms Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.

The Aayakar Bhawan has been constructed with a project cost of about Rs 64 crores and has a built-up area of 8227 sq.m and carpet area of 4469 sq.m.

The inauguration will be held at the Gokulam Park Hotel & Convention Centre here at 4 pm. The function will be attended by Nitin Gupta, Chairman, CBDT; Sanjai Kumar Verma, Member, CBDT; and Sunil Mathur, Principal Chief Commissioner of Income Tax, Kerala.

The Finance Minister will also release “Tax Deductor’s Guide 2023”, a compendium of provisions of TDS in Malayalam that will help tax deductors understand TDS provisions more easily and ensure better compliance with them.

She will also distribute models of Chandrayaan to students in government schools to encourage them to develop a scientific temper.

The inauguration ceremony will be held at the newly constructed Aaykar Bhawan at 5 pm on November 24. The Union Minister will cut the ribbon and unveil the plaque, an official release said.

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