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CBDT member Akhilesh Ranjan appointed as head of new direct tax code panel

Other members of the earlier task force have been retained, the board said

Income Tax, tax
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Putting an end to speculation on the fate of a new direct tax law, Akhilesh Ranjan, recently inducted member in the Central Board of Direct Taxes (CBDT), was appointed as the new convener of the Task Force on re-writing the legislation on Monday. The panel is supposed to submit the report by February 28, 2019, the CBDT said in a release.   Other members of the earlier task force have been retained, the board said.   The report could have far reaching implications on the current 74 million direct taxpayers in the country, as it aims to reform the very law under which incomes ...