Senior Indian Revenue Service (IRS) officer Rani Singh Nair on 1 August 2016 took over as the Chairperson of Central Board of Direct Taxes (CBDT).
Nair’s predecessor Atulesh Jindal, who was appointed CBDT chief in February 2016, retired on 31 July 2016.
After the appointment, Nair will oversee effective execution of the ambitious one-time domestic black money disclosure programme, also called the Income Declaration Scheme (IDS).
Who is Rani Singh Nair?
• Nair is a 1979-batch IRS officer of the Income Tax cadre.
• She worked as member (Legislation and Computerisation) at CBDT.
• She has been instrumental in framing the procedures and protocols that led to the roll-out of the Income Declaration Scheme (IDS) on June 1 2016. The scheme aims at bringing undisclosed income and assets into the tax net.
About Central Board of Direct Taxes
• The Central Board of Direct Taxes provides essential inputs for policy and planning of direct taxes in India.
• It is the policy-making body of the Income Tax Department under the Union Finance Ministry.
• It is a statutory authority functioning under the Central Board of Revenue Act, 1963.
• The Chairperson of the CBDT is the senior-most IRS civil servant in the Government of India.
• The Chairperson of Central Board of Direct Taxes is the ex officio Special Secretary to the Government of India and also cadre controlling authority of the Indian Revenue Service.
• The CBDT Chairperson is placed above the officers of the rank of Lieutenant-General, Vice-Admiral or Air Marshal, CBI Director and Deputy Comptroller and Auditor General in the Order of Precedence.
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