May 22, 2024

INDIA: The US-India Tax Discussion board, a big initiative of the US-India Strategic Partnership Discussion board (USISPF), has named Tarun Bajaj, the previous Income Secretary and Secretary of Financial Affairs to the Authorities of India, as its new head. Bajaj, who brings a wealth of expertise and experience in financial affairs and taxation issues, assumed the function after becoming a member of USISPF as an Advisor to the Board of Administrators in January 2024.

Bajaj, a member of the Indian Administrative Service of the 1988 batch, Haryana Cadre, served as Income Secretary till his superannuation in November 2022. Throughout his tenure, he performed a pivotal function in shaping fiscal insurance policies and selling financial development, together with managing each direct and oblique tax revenues and stabilizing the Items and Providers Tax (GST).

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In response to the COVID-19 pandemic, Bajaj was instrumental in formulating the Indian authorities’s financial response, overseeing the rollout of reduction measures and financial stimulus packages. Moreover, his monetary acumen contributed considerably to the formulation of Central Authorities budgets for the fiscal years 2021-22 and 2022-23.

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Appointment Indicators USISPF’s Dedication to Strengthening Bilateral Ties via Enhanced Tax Insurance policies

Commenting on Bajaj’s appointment, Dr. Mukesh Aghi, President, and CEO of USISPF, expressed enthusiasm, stating, “I’m thrilled to welcome Tarun to guide our US-India Tax Discussion board. Together with his in depth expertise and profound experience in finance and taxation, Tarun stands as a perfect candidate to steer our efforts ahead.” Dr. Aghi emphasised Bajaj’s adept management and expressed confidence in advancing bilateral commerce and funding beneath his steering.

In response, Tarun Bajaj expressed his honor in main the US-India Tax Discussion board, stating, “It’s a pleasure to have joined USISPF, and in my new function, I sit up for making my contribution to strengthen the US-India Tax Discussion board as an efficient establishment.” He emphasised his dedication to participating with stakeholders and fostering sturdy financial bonds between the US and India.

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The US-India Strategic Partnership Discussion board (USISPF) is the main unbiased non-profit establishment devoted to strengthening the partnership between the US and India. Established in Washington, D.C., and New Delhi, USISPF serves as a trusted accomplice for companies, non-profit organizations, the diaspora, and each governments.

The US-India Tax Discussion board, an integral a part of USISPF, facilitates targeted discussions on very important advocacy areas throughout tax regimes in India. With roughly 350 member firms, the Tax Discussion board serves because the premier tax platform, bringing collectively policymakers, world tax specialists, and the enterprise neighborhood to advocate for higher tax insurance policies.

Launched formally on February 25, 2020, the Tax Discussion board gives member firms with a platform to have interaction with related authorities officers on tax points, fostering dialogue on the way forward for taxation and bettering the benefit of doing enterprise surroundings within the US-India hall.

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    She has a PhD in Historical past of Artwork (2009), and Journalism Grasp Honors (2009-2011).

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