VCES Scheme Successful? Seems to be be

CA Sandeep Kanoi

As per the Government Officials they have collected nearly 5500 Crores till 29.12.2013 under the Voluntary Compliance Encouragement Scheme 2013 and it is  said by some official that final figure for VCES is in excess of Rs. 8000 Crore .

As per CBEC Results Framework Document (RFD) for  2013-2014 the combined total target for Financial Year 2013-14 & 2014-15 was only Rs. 1050/- Crore. We are giving below the Extract of Page 9 of the CBEC RFD for  2013-2014 for your reference :-

Section 3:
Trend Values of the Success Indicators

So whatever the people say about VCES or its failure the scheme seems to be a great success if compared with target set by department for its officers.

Download CBEC RFD 2013-14 Directly from the Department website here – http://cbec.gov.in/deptt_offcr/RFD2013-14.pdf