Sunday, September 20, 2009

Panel to advice on Central Revenue Board

The government has formed a high-level committee to provide advice on the formation of Central Revenue Board.
The five-member committee will study the present revenue administration at length and go through such arrangements of neighbouring countries which have autonomous boards, and prepare the draft of an autonomous Central Revenue Board.
From the government side the committee has senior economic advisor Keshav Acharya and joint secretary Shanta Raj Subedi of the finance ministry while Niranjan Tibrewal and Prof Dr Puspa Kandel led by Prof Dr Madan Kumar Dahal represent the economists. The committee will submit its report with concrete suggestions on Central Revenue Board, its structure, role and responsibility by November 15.
In his budget speech for the fiscal year 2009-10, finance minister Surendra Pandey had promised to form an autonomous Central Revenue Board.

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