CBDT, CBEC to have new building

The Central Board of Direct Taxes and Central Board of Excise and Customs will have a new building and are likely to be shifted there in three years time from their present stay, mostly in the North Block.
Finance Minister Pranab Mukherjee on Monday laid the foundation for the new building, Rajaswa Bhawan at Lutyen's Bungalow Zone, even as he requested the Urban Development Minister Jaipal Reddy to help in getting more houses for revenue department officials in big towns.
The building with 46,000 sq ms built-up area, will house all the offices of the two boards at one place and would serve as headquarters for the boards. It would have facilities like auditorium, display spaces, conference halls among other things.
At present, the two boards are in the North Block, but a number of their offices had to be shifted to other places because of space crunch, creating administrative bottlenecks, inconvenience to trade and industry.
Officials present in the foundation laying ceremony said building is expected to be constructed in three years time by Defence Research and Development Organisation (DRDO).