Rani Nair set to be new CBDT Chairperson


Posted on:01 Aug 2016 09:35:47

Rani Nair set to be new CBDT Chairperson
01 August 2016 Current Affairs: Senior Indian Revenue Service(IRS) officer Rani Singh Nair is set to be appointed the Central Board of Direct Taxes (CBDT) chairperson, with incumbent Atulesh Jindal retiring on 31 June 2016.

Nair, a 1979-batch IRS officer, is presently working as member (legislation and computerisation) in CBDT, policy making body of the Income-Tax department. Officials said the government has issued orders for her to take over as acting chief from Jindal and fresh orders by the Prime Minister-headed Appointments Committee of the Cabinet are expected soon, for her to take charge in a full capacity.Jindal took over as CBDT chief in February this year.

Once appointed, Nair will be in office till October 31 during which she will be looking to achieve maximum success under the ambitious one-time domestic black money disclosure scheme being run by the government also called the Income Declaration Scheme (IDS).It will close on September 30.

Nair has been instrumental in framing the procedures and protocols that led to the roll out of the IDS on June 1 this year that aims to fish out black funds from the domestic arena.

CBDT has six members apart from the Chairperson and is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs June 2017

24 JUNE
NEWS
23 JUNE
NEWS
22 JUNE
NEWS
21 JUNE
NEWS

Current Affairs May 2017

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
27 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS