1. Home
  2. Business
  3. Center appoints IRS offers Nitin Gupta as chairman of CBDT

Center appoints IRS offers Nitin Gupta as chairman of CBDT

By Priyanka Verma 
Updated Date

New Delhi: On Monday, The Union governmen has appointed IRS Nitin Gupta as the Chairman of the Central Board of Direct Taxes (CBDT), as per the official notification issued by the Department of Personnel and Training.

Also Read :- Toyota Kirloskar Motor vice chairperson Vikram Kirloskar, 64, dies of heart attack

The appointment is effective from the day Gupta, a 1986 batch Indian Revenue Service official, assumes charge, showed an order from the Appointments Committee of the Cabinet.”The Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS, (IT:86), Member, Central Board of Direct Taxes (CBDT) as Chairman, Central Board of Direct Taxes (CBDT) from the date of assumption of charge of the post,” the official notification said.

Sangeeta Singh, who currently holds the additional charge of the chairman, will continue to be Member, CBDT. Nitin Gupta is an Indian Revenue Service (IRS) officer of the 1986 batch of the Income Tax cadre and is serving as the Member (investigation) in the Board and is scheduled to retire in September next year.

One of the key tasks before the new chairman is meeting the Centre’s ₹14.2 trillion direct tax revenue collection target for FY23. By mid-June, the tax authority had collected ₹3.39 trillion in net direct taxes, up 45% from ₹2.33 trillion collected a year ago, as per official figures reported earlier this month. That is crucial as the government had to cut indirect taxes on petrol and diesel to give price relief to consumers.

Also Read :- Elon Musk set to become number-one influencer on Twitter, ready to surpass former US President Barack Obama
Further reading:
For the latest news and reviews, follow us on Facebook, YouTube and Twitter पर फॉलो करे...