STATE TIMES NEWS
New Delhi: Senior Indian Revenue Service (IRS) officer Rani Singh Nair on Monday took over as the new Chairperson of Central Board of Direct Taxes (CBDT), the policy-making body of the I-T Department under the Union Finance Ministry.
Her predecessor Atulesh Jindal, who was appointed CBDT chief in February this year, retired yesterday.
Nair, a 1979-batch IRS officer of the Income Tax cadre, worked as Member (Legislation and Computerisation) at CBDT.
An order of her appointment was issued by the Appointments Committee of Cabinet, headed by Prime Minister Narendra Modi, and she took charge at her North Block office today, official sources said.
For Nair, who will be in office till October 31, an important task would be to oversee effective execution of the ambitious one-time domestic black money disclosure programme, also called the Income Declaration Scheme (IDS).
IDS is set to 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. The scheme aims at bringing undisclosed income and assets into the tax net.
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.