Government creates Tax Policy Research Unit and Tax Policy Council

Q.  GoI has created a Tax Policy Research Unit and Tax Policy Council. Who are these being chaired by?
- Published on 03 Feb 16

a. Union Minister of MHA
b. Union Minister of WCD
c. Union Finance Minister
d. Union Law Minister

ANSWER: Union Finance Minister
 
GoI on 2nd February 2016 created a Tax Policy Research Unit and Tax Policy Council which would be chaired by the Union FM along with nine members. The members include Ministry of State for Finance, Niti Aayog Vice Chairman Commerce and Industry Ministry Revenue Secretary and Chief Economic Adviser. Finance Secretary as well as Commerce and Industry Secretary will also be members of this council. Council will be advisory in nature and locate key police decisions for taxation.

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