Committees Current Affairs - 2019
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Union Finance Ministry has appointed Akhilesh Ranjan, Central Board of Direct Taxes (CBDT) member as Convenor of Task Force that is drafting New Direct Tax Legislation (Law). He will replace Arbind Modi who retired in September 2018. The other members (composition) of the Task Force remain unchanged. Akhilesh Ranjan is presently serving as Member (Legislation) of CBDT.
The task force was constituted in November 2017 in order to review Income-tax Act, 1961 and to draft new direct tax law in consonance with the economic needs of the country. At that time, Arbind Modi, who was then Member (Legislation) of CBDT was appointed as Convener of task force.
The task force has been mandated to draft appropriate Direct Tax Legislation keeping in view direct tax system prevalent in various countries, international best practices and economic needs of the country. It will submit its report to Government by February 28, 2019. It has set its own procedures for regulating its work.
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Prime Minister Narendra Modi constituted National Implementation Committee (NIC) under Chairmanship of Union Home Minister Rajnath Singh to commemorate the 550th birth anniversary of Guru Nanak in the country and abroad. Union Finance Minister Arun Jaitley and Minister of State for Culture Dr. Mahesh Sharma are its Members.
Union Government has decided to commemorate 550th birth anniversary of Guru Nanak at national as well as international level. The yearlong celebration will include a number of commemorative as well as constructive activities will be taken up during the commemoration period.
Number of religious activities like kirtan, prabhat pheri, katha, langar and educational activities such as seminars, workshops, lectures etc. will be organised. Shiromani Gurudwara Parbandhak Committee, which is the apex religious body of the Sikhs, will be knowledge partner for event.
Government will also develop Sultanpur Lodhi in Punjab where Guru Nanak is believed to have spent most of his life. The area will be developed as heritage city incorporating ‘Pind Babe Nanak Da’. Moreover, high powered telescope will be installed on Indian side to view Kartarpur Sahib in Pakistan where the first Sikh guru spent his last days.
Department of Economic Affairs, Ministry of Finance and Department of Posts will also release Commemorative coin and postage stamps to mark this event. Chairs in the name of Guru Nanak will be set up in UK and Canada. UNESCO will be requested to translate and publish anthology of Guru Nanak Dev’s writings in world languages and publication of Gurbani in different Indian languages will be made by National Book Trust (NBT).