R.K.Tiwari appointed new Chairman of CBDT

.K.Tiwari was appointed as the new chairman of Central Board of Direct Taxes (CBDT) on 9 February 2014.

The appointment was approved by the Appointments Committee of the Cabinet (ACC). Mr. Tiwari is a 1976-batch Indian Revenue Service (IRS) officer. He is currently working as the Member of Legislation and Computerisation Department in the CBDT. He will take the charge from 1 March 2014.  He will succeed Chairperson Sudha Sharma who is scheduled to retire on 28 February 2014.

About CBDT

The CBDT is a part of Department of Revenue in the Ministry of Finance. The Central Board of Direct Taxes is a statutory authority functioning under the Central Board of Revenue Act, 1963.

CBDT is a seven-member body including the Chairman and it is the apex authority for policy planning and administrative control over the I-T department and collection of direct taxes in the country.