New Delhi, Apr 1 : Prasanna Kumar Misra has taken over as Chairman of the Central Board of Direct Taxes (CBDT) with effect from 1st April 2008.
He belongs to the 1971 batch of the Indian Revenue Service.
Prior to his appointment as Chairman, CBDT, Misra was Member (Investigation) in the CBDT since January 2007.
Earlier, he had served in the Income Tax department in various capacities as Chief Commissioner, Delhi and Udaipur; Commissioner Mumbai; Director (Investigation) Hyderabad; Deputy Commissioner / Director Bhubaneswar; Appellate Assistant Commissioner in Andhra Pradesh, etc.
New Delhi, Mar 29 : Concerned over the inflation rate spiralling out of control, the Cabinet Committee on Prices will meet on Monday to assess factors responsible for soaring prices.
Finance Secretary D Subbarao told reporters here on the sidelines of a seminar that 6.68 per cent inflation rate for the week ending March 15 was partly due to high global commodity prices.