{"id":87630,"date":"2025-06-01T06:50:03","date_gmt":"2025-06-01T06:50:03","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=87630"},"modified":"2025-06-01T06:50:03","modified_gmt":"2025-06-01T06:50:03","slug":"in-order-to-review-the-income-tax-act-1961-and-to-draft-a-new-direct","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-order-to-review-the-income-tax-act-1961-and-to-draft-a-new-direct\/","title":{"rendered":"In order to review the Income Tax Act, 1961 and to draft a new Direct"},"content":{"rendered":"

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 ?<\/p>\n

[amp_mcq option1=”Shri Arvind Subramanian” option2=”Shri Arbind Modi” option3=”Shri Amitabh Kant” option4=”Dr. Bibek Debroy” correct=”option2″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC NDA-1 – 2018<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe 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.
\n<\/section>\n
\n– 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.
\n– The committee submitted its report in August 2019.
\n<\/section>\n
\nThe 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.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

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 ? [amp_mcq option1=”Shri Arvind Subramanian” option2=”Shri Arbind Modi” option3=”Shri … <\/p>\n

Detailed SolutionIn order to review the Income Tax Act, 1961 and to draft a new Direct<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1093],"tags":[1114,1120,1196],"class_list":["post-87630","post","type-post","status-publish","format-standard","hentry","category-upsc-nda-1","tag-1114","tag-economic-development","tag-fiscal-policy-revenue","no-featured-image-padding"],"yoast_head":"\nIn order to review the Income Tax Act, 1961 and to draft a new Direct<\/title>\n<meta name=\"description\" content=\"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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/in-order-to-review-the-income-tax-act-1961-and-to-draft-a-new-direct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In order to review the Income Tax Act, 1961 and to draft a new Direct\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/in-order-to-review-the-income-tax-act-1961-and-to-draft-a-new-direct\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T06:50:03+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"In order to review the Income Tax Act, 1961 and to draft a new Direct","description":"The correct option is B, Shri Arbind Modi. 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