In order to review the Income tax Act, 1961 and to draft a new Direct Tax law in consonance with economic needs of the country, the Government of India in November 2017 has constituted a Task Force. Who among the following is made the convenor of it?

Shri Arvind Subramanian

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Shri Arbind Modi

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Shri Amitabh kant

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Dr. Bibek Debroy

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Solution

The correct option is C Shri Arbind Modi
The government in November 2017 constituted a task force for drafting a new direct tax legislation to redraft the more than 50-year-old Income Tax Act and suggest changes in consonance with the economic needs of the country. The six-member task force had Arbind Modi as the convener.

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