16.7 C
New York
Monday, April 19, 2021

PC Mody to remain CBDT Chairman till February next year

Must read

IBM returns to sales growth after a year of declines on cloud strength

Economy7 minutes ago (Apr 19, 2021 04:35PM ET) (C) Reuters. FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in...

United Airlines loss bigger than feared on higher fuel costs, capacity slide

Stock Markets7 minutes ago (Apr 19, 2021 04:35PM ET) (C) Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as...

United Airlines Holdings Earnings, Revenue Miss in Q1

Stock Markets10 minutes ago (Apr 19, 2021 04:32PM ET) (C) Reuters. United Airlines Holdings Earnings, Revenue Miss in Q1 Investing.com - United Airlines Holdings (NASDAQ:UAL) reported...

Raiders sign CB Rasul Douglas

Sports & General12 minutes ago (Apr 19, 2021 04:30PM ET) (C) Reuters. NFL: Philadelphia Eagles at New York Giants The Las Vegas Raiders on Monday announced...

The government has extended the term of PC Mody as chairman of the Central Board of Direct Taxes (CBDT) by six months, till February 28, 2021.

The appointments committee of Cabinet approved the re-appointment in an order issued on Monday. This would be the second extension for the chairman who was given an additional one-year term last year beginning September.

“The appointments committee of Cabinet approved extension in the re-appointment of Pramod Chandra Mody as chairman, CBDT for a period of six months with effect from 01.09.2020 to 28.02.2021 or until further orders, whichever is earlier,” the order from department of personnel and training stated.

Mody would continue his term at a time when the government is continuously pushing reforms to make tax system simple and more transparent. Recent initiation of faceless assessment and faceless appeal – to begin from September 25 – is another step in this direction.

Working mechanisms have drastically changed due to Covid 19 pandemic, with many of tax officers as well as assessees working from remote locations including working from home

- Advertisement -

Latest article

IBM returns to sales growth after a year of declines on cloud strength

Economy7 minutes ago (Apr 19, 2021 04:35PM ET) (C) Reuters. FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in...

United Airlines loss bigger than feared on higher fuel costs, capacity slide

Stock Markets7 minutes ago (Apr 19, 2021 04:35PM ET) (C) Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as...

United Airlines Holdings Earnings, Revenue Miss in Q1

Stock Markets10 minutes ago (Apr 19, 2021 04:32PM ET) (C) Reuters. United Airlines Holdings Earnings, Revenue Miss in Q1 Investing.com - United Airlines Holdings (NASDAQ:UAL) reported...

Raiders sign CB Rasul Douglas

Sports & General12 minutes ago (Apr 19, 2021 04:30PM ET) (C) Reuters. NFL: Philadelphia Eagles at New York Giants The Las Vegas Raiders on Monday announced...

Medical examiner says Capitol Police officer Sicknick died of natural causes -report

World12 minutes ago (Apr 19, 2021 04:30PM ET) (C) Reuters. A picture of of Capitol Police officer Brian Sicknick is seen as people wait for...