Window to the Future: From Uncertainty to Preparedness

A Course held on 22nd to 25th September, 2009

The NADT warmly welcomes the participants of ‘Window to the Future: From Uncertainty to
Preparedness’! We are happy about this opportunity to host this and are leaving nothing to
chance in ensuring that your stay and other arrangements made are rewarding and
stimulating. Please let us know by calling Extension No. 250 if anything is amiss or additionally
required.

In recent times, the strategic vision of the Department has pronouncedly shifted towards a
combination of the earlier enforcement-orientation and a more visible service-orientation. The
assessee is no longer a pure adversary, for genuine and committed taxpayers are the engines
of our economy and important clients of our Department. In Risk management parlance, Tax
Revenue Maximization under uncertainty is to be combined with Assessee Distress
Minimization. The Department is also passing through changing times and is both a driver
and a driven. On the visible horizon of the momentum that it has gained and is gaining – in its
enforcement and service practices – is the rainbow of success, satisfaction and recognition.
The window to the future must hence look out onto verdant vistas of targets achieved and
satisfactions guaranteed.

Knowing and targeting the future therefore is cardinal. The principal ways of predicting the
future within a zone of ‘accuracy’ are founded in mathematics and its applied territories and
sciences like Probability Theory, Operations Research, Statistics, Economics and Finance. This
Course is hence about scientifically learning from the past, understanding and analyzing the
present and predicting – and possibly controlling – the future. It is about evaluating and
valuing oncoming occurrences and uncertainties and devising mechanisms to counter, control,
minimize and eliminate negative consequences (risk). It is about Macroeconomic and
Revenue Forecasting, Risk and Risk Management, Learning Curves and Knowledge
Management, Financial Engineering and Modeling, Stochastic Processes, Game
Theoretic and Probabilistic Approaches, Statistical Time-Series Analyses, etc. and
also, general and subjective (including lessons from historical success stories)
strategies that enable successful preparation for the future.

The Course is slated to occupy a timeframe of 4 days from 22nd to 25th September, 2009 and
will be inaugurated by Shri M. Tirumala Kumar, Addl. Director General – I, NADT, Nagpur
between 0945 AM to 1100 AM on 22 nd September, 2009at the Central Hall, Ground Floor,
Faculty Building, NADT.
Accommodation: Arrangements for accommodation of the participants
have been made in the officers’ hostels, viz., Takshashila & Nalanda at
NADT. Food will be served in the Officer's Mess. The timing of the Mess will
be as under:

Breakfast: 08:30 A M - 10:00 A M; Lunch: 01:30 P M - 02:30 P M: Dinner : 08:00 P M

to 10:00 P M
The participants will be provided with tea in their rooms in the morning and
evening. Provisions for room attendants in the hostel have been made from
06:00 AM to 09:30 AM and 06:00 PM to 10:00 PM. The tariffs and other
payables during the stay are as follows:

A flat sum of Rs. 500/Rs. 300/Rs. 200 per person per day will be
payable towards mess charges for Chief Commissioners/Commissioners,
Addl./Jt. Commissioners and Dy./Asst. Commissioners, as the case may be,
respectively. Billing is done on this basis, irrespective of whether food is
actually taken or not. Rs. 40 per day per person will also be required to be
paid towards room rent.

All participants are also required to make the following contribution to the
Welfare Fund and the same will be collected by the Caretaker of the
Hostels.

For Stay up to 2 days: Rs. 50/- For Stay from 3 to 5 days: Rs. 100/- For Stay
above 5 days: Rs. 200/-

All are requested to make the necessary payments and settle their
dues before leaving.

Other facilities: The facilities of the NADT library are available to all the
resource persons and participants. The library has about 40,000 books on
various subjects. Any participant may take two books at a time and are
requested to ensure that the books are returned before the end of the
course. The C. C. Ganapathy Indoor Complex that houses a Health Club and
facilities for other indoor games is open to all resource persons/participants
from 06:00 PM to 09:00 PM.

NB : Participants are requested to please switch off their mobile

phones in the lecture hall. NADT also has renovated archives that
depict the rich history of training in the Income Tax Department. All are
requested to visit the archives.
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