Government extends tenure of CBDT Chairman Nitin Gupta by 9 months
The Union government gave a nine-month extension in service "on contract basis" to CBDT Chairperson Nitin Gupta on Saturday, the day of his scheduled retirement.
)
The Union government gave a nine-month extension in service "on contract basis" to CBDT Chairperson Nitin Gupta on Saturday, the day of his scheduled retirement.
Gupta (60), a 1986-batch Indian Revenue Service (IRS) officer of the Income-tax department, was appointed the Central Board of Direct Taxes (CBDT) head in June last year.
He was scheduled to retire on September 30.
The government order said the Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Gupta as the CBDT Chairman on a contract basis, with effect from 1.10.2023 till 30.06.2024, or until further orders, whichever is earlier, in relaxation of the recruitment rules, on usual terms and conditions applicable to re-employed central government officers.
The CBDT is the apex policy-making body for the Income-tax department.
It is headed by a chairman and can have six members who are in the rank of special secretary.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Top 7 Large Cap Mutual Funds With Best SIP Returns in 15 Years: Rs 8,888 monthly investment in No. 1 scheme has jumped to Rs 62,74,008; note down details

Revised New Tax Slabs: How much tax one needs to pay on salaries of Rs 13.75 lakh, Rs 16.50 lakh, Rs 19.25 lakh and Rs 26.75 lakh; see calculations

Top 7 SBI Mutual Funds With Highest SIP Returns in 20 Years: Rs 6,666 monthly SIP investment in No. 1 fund has sprung to Rs 1,40,40,685

Senior Citizen Guaranteed Return Schemes: SBI, BoB, PNB and other banks are providing these interest rates on 1-year, 3-year, and 5-year FDs

Home Loan Interest Saving: How you can save Rs 16.40 lakh on Rs 50 lakh home loan by increasing EMI amount by 5.41%?

Rs 25 lakh Income, Rs 50 lakh Home Loan: Starting April 1, how you can save Rs 1.38 lakh/year in tax and loan interest; see expert calculations

SIP vs PPF: Rs 1,40,000/year investment for 30 years; which scheme can generate a higher retirement corpus

Retirement Planning: How one-time investment of Rs 9,00,000 can create Rs 2,70,00,000 retirement corpus
10:19 PM IST