In order to review the Income Tax Act, 1961 and to draft a new Direct

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 the convenor of it ?

Shri Arvind Subramanian
Shri Arbind Modi
Shri Amitabh Kant
Dr. Bibek Debroy
This question was previously asked in
UPSC NDA-1 – 2018
The correct option is B, Shri Arbind Modi. The Task Force constituted in November 2017 to review the Income Tax Act, 1961, and draft a new direct tax law was headed by Arbind Modi, who was a Member of the Central Board of Direct Taxes (CBDT) at the time.
– The task force was mandated to draft a new direct tax law in tune with the economic needs of the country and simplify the existing legislation.
– The committee submitted its report in August 2019.
The other options are prominent figures but were not the convenor of this specific task force. Arvind Subramanian was the Chief Economic Advisor at the time. Amitabh Kant is CEO of NITI Aayog. Dr. Bibek Debroy is Chairman of the Economic Advisory Council to the Prime Minister.
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