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In 2017, the Union Government set up a task force to review the Income Tax Act of 1961 and draft a new direct tax law. Who was its first convenor?

Question and options

In 2017, the Union Government set up a task force to review the Income Tax Act of 1961 and draft a new direct tax law. Who was its first convenor?
  1. Arvind Subramanian
  2. Mansi Kedia
  3. Arbind Modi
  4. Girish Ahuja

Answer and explanation

Correct answer: C - Arbind Modi
The task force constituted in November 2017 to review the Income-tax Act, 1961 and draft a new direct tax law was first headed (as convenor) by Arbind Modi, Member (Legislation) of the Central Board of Direct Taxes. After he retired in 2018, Akhilesh Ranjan became convenor. Arvind Subramanian was then Chief Economic Adviser and did not head the task force. The Income-tax Act, 1961 has since been replaced by the Income-tax Act, 2025.

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