Showing posts with label CBDT. Show all posts

Dec 16, 2015

Arun Kumar Jain appointed as Chairman of CBDT

12/16/2015

Senior revenue service officer Arun Kumar Jain appointed Chairman of Central Board of Direct Taxes (CBDT).
The appointment has been also approved by the Appointments Committee of Cabinet (ACC) headed by Prime Minister Narendra Modi.

About Arun Kumar Jain
  • Mr Jain is Indian Revenue Services (IRS) officer of a 1978 batch.
  • Prior to this appointment he was serving as acting Chairman of the board following superannuation of Anita Kapur on November 30, 2015.
  • He will have short tenure of two months as Chairman of CBDT till January 2016.
  • Presently, he is also holding additional charge of Member (Personnel and Vigilance) in the CBDT.

About Central Board of Direct Taxes (CBDT)

CBDT is apex policy making body of Income Tax department in India and is the supreme body for framing policies related to direct taxes. It is a statutory authority established under The Central Board of Revenue Act, 1963. The composition of CBDT includes Chairman and six members.

Dec 1, 2015

AK Jain to be acting chairman of CBDT

12/01/2015
Indian Revenue Service (IRS) officer A K Jain has been appointed acting Chairman of the Central Board of Direct Taxes (CBDT) after the retirement of its Chairperson Anita Kapur.
Meanwhile, Kapur, who retired, has been appointed an adviser on tax reforms in the Finance Ministry for six months. She will be contributing to the Ministry’s efforts for creating better taxpayer services, bringing in an improved direct taxes regime and also help in preparing the Union Budget for the next fiscal.
Apart from its Chairman, CBDT has six members and is the supreme body for framing policy and administrative issues related to direct taxes and the IT Department.
 
About CBDT
  • The Central Board of Direct Taxes (CBDT) provides essential inputs for policy and planning of direct taxes in India and is also responsible for administration of the direct tax laws through Income Tax Department.
  • The CBDT is a statutory authority functioning under the Central Board of Revenue Act, 1963.
  • The CBDT Chairman and Members of CBDT are selected from Indian Revenue Service (IRS), a premier civil service of India, whose members constitute the top management of Income Tax Department.
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