In a formal decision released yesterday, the Cabinet’s Appointments Committee authorized the nomination of four senior Indian Revenue Service (IRS) officers as members of the Central Board of Direct Taxes (CBDT).
Sanjay Bahadur, the former Principal Director General of Income Tax (Training) in Delhi, and Pankaj Kumar Mishra, the former Member (Finance) of the Atomic Energy Commission, are among the recently appointed Members. Members of the CBDT were also appointed to positions as Principal Chief Commissioner of Income Tax (TDS) for Chennai, Tamil Nadu, and Puducherry Regions (L. Rajasekhar Reddy) and Principal Chief Commissioner of Income Tax-1 for Bengaluru, Karnataka, and Goa Regions (Ms. G. Aparna Rao).
All four appointees belong to the 1989 batch of the Indian Revenue Service (Income Tax).
The appointments fill the vacant positions in the CBDT, which is the apex body responsible for administering direct tax laws in India. The Board plays a crucial role in formulating policies for tax collection, combating tax evasion, and implementing various direct tax reforms.
Before this, the CBT announced on March 17 that India’s direct tax revenues for the fiscal year 2024–2025 had increased by a robust 16.15% year over year to Rs 25.86 lakh crore as of March 16, 2025.
This increase in collections is due to a combination of higher corporation and non-corporate tax revenues and a significant rise in securities transaction tax (STT) receipts. Corporate tax receipts rose to Rs 12.40 lakh crore from Rs 10.1 lakh crore in the previous fiscal year. Non-corporate tax revenues rose from Rs 10.91 lakh crore to Rs 12.90 crore in the preceding fiscal year.
Prior to this, on March 17, the CBT reported that, for the fiscal year 2024–2025, India’s direct tax revenues had grown by a strong 16.15% year over year to Rs 25.86 lakh crore as of March 16, 2025.
Higher corporate and non-corporate tax revenues, along with a notable increase in securities transaction tax (STT) receipts, are the reasons for this increase in collections. Compared to the previous fiscal year, corporate tax collections increased to Rs 12.40 lakh crore from Rs 10.1 lakh crore. During the previous fiscal year, non-corporate tax collections increased from Rs 10.91 lakh crore to Rs 12.90 crore.
