Akhilesh Ranjan appointed as convenor of the Task Force for drafting a New Direct Tax Legislation

NewDelhi : The Government of India has appointed  Akhilesh Ranjan, Member (Legislation), CBDT as Convenor of the Task Force constituted for drafting the new direct tax legislation. Other members of the Task Force remain unchanged.

In order to review the Income-tax Act, 1961 and to draft a new direct tax law in consonance with the economic needs of the country, the government in November 2017 has constituted a Task Force. The Task Force shall submit its report to the Government by February 28, 2019.