KV Chowdary - Adviser on Black Money
AS reported by DDT on 31st October 2014, KV Chowdary, Retired Chairman of CBDT has been appointed as adviser on Black Money.
His job is to:
1. Assist the SIT on behalf of the Department of Revenue, Ministry of Finance.
2. Oversee black money related matters being considered by the SIT.
3. Issues relating to and supervision and monitoring of the work/enquiries under Direct Taxes on information received/obtained from foreign jurisdiction.
4. Supervising non-statutory matters out of the subjects being handled by the Member (Inv) in CBDT including overseeing progress of investigations and subsequent actions in cases concerning undisclosed foreign bank accounts/assets and search cases under Direct Taxes.
5. Any other work specifically assigned by the Hon'ble Finance Minister or the Revenue Secretary.
Conditions:
1. His appointment is on contract basis is for a period of 6 months or till further order whichever is earlier.
2. During the period of the contract he will draw the remuneration equivalent to the last pay drawn including allowances minus pension.
3. He is eligible for all the facilities which he was enjoying as Chairman, CBDT.
4. He will be provided supporting staff as he was provided in the capacity of Chairman, CBDT.
Seems to be a powerful job.
MoF - Dept. of Revenue Office Order No. , Dated: November 14, 2014