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Mukesh Ambani draws nil salary


Mukesh Ambani draws nil salary
Updated:
Updated:
June 03, 2021 13:54 IST
In the previous fiscal year, he drew a ₹ 15 crore salary from the company - the same as in the previous 11 years.
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Mukesh Ambani, Chairman and Managing Director of Reliance Industries. File   | Photo Credit:
REUTERS
In the previous fiscal year, he drew a ₹ 15 crore salary from the company - the same as in the previous 11 years.
Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy. ....

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CBDT Chairman Mody's tenure ends; Mohapatra given additional charge


The Central Board of Direct Taxes (CBDT) frames policy for the Income Tax Department.
The order issued by the department of revenue, which is under the Union finance ministry, said, Jagannath Bidyadhar Mohapatra, member CBDT, shall discharge the duties and responsibilities of the post of chairman, CBDT, in addition to his own duties for a period of three months or till appointment of a regular chairman, whichever is earlier.
It stated that the arrangement has been decided with the approval of the competent authority .
Official sources said an order appointing Mohapatra as regular CBDT chairman could be issued in the coming days by the prime minister-headed Appointments Committee of the Cabinet (ACC). ....

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