Salve, a Chartered Accountant by profession, is known for almost re-writing the Income Tax Laws in the country, Rajya Sabha Chairman Hamid Ansari said.
He was the chairman of the 9th Finance Commission from 1987 to 1990.
Salve served as President of the Board of Control for Cricket in India (BCCI) and Chairman, Asian Cricket Council, Lok Sabha Speaker Meira Kumar said.
As chairman of the Indo-Pakistan Joint Management Committee, Salve played a crucial role in organising the cricket World Cup in 1987.
A man of letters, Salve has in his credit, publications titled 'Is India the Highest Tax Nation' and 'The Story of Reliance Cup'.
Salve was a member of the fourth and fifth Lok Sabha from Betul (1967-77) and was member of the Rajya Sabha for four consecutive terms from 1978 to 2002.
The Lok Sabha also mourned the death of Dinesh Pratap Singh, who was member of the first and second Lok Sabha. PTI NKD SKU
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app