Central Government Approves Extension for CBDT Chairman Ravi Agrawal
He has been granted a six-month extension on a contract basis, which is effective from July 1, 2026, until December 31, 2026, or until further orders.
From an exam perspective, understanding administrative extensions at the helm of direct tax policy is crucial as the CBDT plays an essential role in the formulation and implementation of direct tax policies under the Ministry of Finance.
The CBDT operates as a statutory authority functioning under the Department of Revenue, Ministry of Finance.
Key Facts / Static GK
Establishment Year of CBDT: Created under the Central Board of Revenue Act, 1963
Union Finance Minister of India: Nirmala Sitharaman
Practice Quiz — 3 July 2026
Q1. Ravi Agrawal has recently been granted a six-month extension as the Chairman of which statutory body?
Q2. With reference to the recently unveiled 'Vikram-1' orbital rocket, which of the following statements is/are correct?\n1. It is India's first privately developed orbital rocket.\n2. It has a payload capacity of placing up to 350 kg into Low Earth Orbit.\n3. The maiden mission is named 'Aagaman'.
Q3. Which state government recently launched the 'Gyanodaya - Shiksharu Samruddhi' scheme offering admission fee waivers from Kindergarten to Postgraduate levels?
Q4. Who broke Anju Bobby George's 22-year-old national record in the women's long jump with a jump of 6.88 meters?
Q5. At which of the following places in Haryana has Maruti Suzuki inaugurated its world's largest future-ready manufacturing facility with a planned investment of Rs 35,000 crore?
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