Parthasarathy Shome named adviser to FM
8 Dec 2012 4:24 AM IST
The government on Thursday appointed tax expert Parthasarathy Shome adviser to Finance Minister P Chidambaram with the rank of minister of state. 'Parthasarathy Shome has been appointed adviser to the finance minister with the rank of minister of state, co-terminus with the period of office of the Finance Minister,' said an official release. Shome was appointed by Prime Minister Manmohan Singh as the chairman of the Committee on General Anti-Avoidance Rules (GAAR) in July.
The committee submitted its draft report in September wherein it has suggested deferring implementation of GAAR by three years to April 2016. The committee also submitted its final report to the Finance Minister in October. Between October 2004 and January 2008, Shome acted as adviser to the then FM. He was also a member of the Prime Minister's Trade & Economic Relations Committee.
The committee submitted its draft report in September wherein it has suggested deferring implementation of GAAR by three years to April 2016. The committee also submitted its final report to the Finance Minister in October. Between October 2004 and January 2008, Shome acted as adviser to the then FM. He was also a member of the Prime Minister's Trade & Economic Relations Committee.
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