Rani Nair set to be new CBDT Chairperson

Senior IRS officer Rani Singh Nair is set to be appointed as the new CBDT Chairperson with incumbent Atulesh Jindal retiring today.

Nair, a 1979-batch Indian Revenue Service officer of the Income-Tax cadre, is currently working as Member (Legislation and Computerisation) in the Central Board of Direct Taxes, the policy-making body of the I-T Department.

Officials said the government has issued orders for her to take over as the “acting” chief of CBDT from Jindal. Fresh orders by the Prime Minister headed Appointments Committee of Cabinet are expected soon to be out 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 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. IDS 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. #casansaar (PTI - The Hindu)