Shri T. Rabi Sankar appointed as part-time Member of the 16th Finance Commission (XVIFC)

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....hri T. Rabi Sankar appointed as part-time Member of the 16th Finance Commission (XVIFC)<BR>Income Tax<BR>Dated:- 9-6-2025<BR><BR>The President has appointed Shri T. Rabi Sankar, Deputy Governor, Reser....

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....ve Bank of India (RBI), as a part-time Member of the 16th&nbsp;Finance Commission (XVIFC). He shall hold office from the date of assuming charge until the submission of the Commission&#39;s Report or ....

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....31st&nbsp;October, 2025, whichever is earlier. The appointment of Shri T. Rabi Sankar is consequent to the resignation of one of the full-time Members of the XVIFC, Shri Ajay Narayan Jha, on personal....

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.... grounds. The XVIFC was constituted on 31st&nbsp;December, 2023, with Dr. Arvind Panagariya, former Vice-Chairman of NITI Aayog, as its chairman. The XVIFC is mandated to submit its recommendations b....

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....y 31st&nbsp;October, 2025, for the award period of five years commencing from 1st&nbsp;April, 2026.<BR> News - Press release - PIB....