CBDT Chief and CBEC Member Retire Today
CBDT Chief Anita Kapur is retiring today. And the Government is yet to announce her successor. The senior-most Member AK Jain has only two months service left. There is a lot of difference between retiring now and after 1.1.2016, if the Pay Commission Report is made effective from 1.1.2016 -to start with a difference of gratuity of 5 lakh rupees.
Will the Government make Mr. Jain the Chairman for two months? Most probably he will be appointed In Charge Chairman and by the time they find a new Chairman, he will retire.
In CBEC, Member Service Tax (and ipso facto GST), VS Krishnan is retiring today. It was widely rumoured that Mr. Krishnan would get a very important post under the GST regime, which he may still do.