Former CBDT chief Nitin Gupta takes charge as NFRA Chairperson
On 23 July 2025, Nitin Gupta, former Chairman of the Central Board of Direct Taxes, assumed charge as Chairperson of the National Financial Reporting Authority (NFRA).
Summary
Nitin Gupta, a retired 1986-batch IRS (IT) officer, assumed charge as Chairperson of the National Financial Reporting Authority (NFRA) on 23 July 2025. Nitin Gupta earlier served as Chairman of the Central Board of Direct Taxes (CBDT) from June 2022 to June 2024. Smita Jhingran, P. Daniel (former Secretary, Central Vigilance Commission) and Sushil Kumar Jaiswal (former Director General of Audit, Central Receipts) also assumed charge as Full-Time Members of NFRA. The Secretary, Ministry of Corporate Affairs, administered the oaths of office and secrecy at the Ministry on 23 July 2025.
Key facts
- Date
- 23 July 2025
- Chairperson
- Nitin Gupta, IRS (IT:86) (Retd.)
- Earlier
- CBDT Chairman, June 2022 - June 2024
- Full-Time Members
- Smita Jhingran, P. Daniel, Sushil Kumar Jaiswal
- Oath by
- Secretary, Ministry of Corporate Affairs
Practice MCQs 3 questions
Who assumed charge as Chairperson of the National Financial Reporting Authority on 23 July 2025?
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Correct answer: D — Nitin Gupta
PIB (24 July 2025): Nitin Gupta, IRS (IT:86) (Retd.), assumed charge as Chairperson, NFRA on 23 July 2025.
Before heading NFRA, Nitin Gupta served as Chairman of which body from June 2022 to June 2024?
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Correct answer: A — Central Board of Direct Taxes
PIB: Nitin Gupta earlier served as Chairman, Central Board of Direct Taxes (CBDT) from June 2022 to June 2024.
NFRA, whose new Chairperson and Full-Time Members took oath on 23 July 2025, functions under which Ministry?
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Correct answer: B — Ministry of Corporate Affairs
PIB (Ministry of Corporate Affairs, 24 July 2025): the Secretary, Ministry of Corporate Affairs administered the oaths to the NFRA Chairperson and Full-Time Members at a ceremony held in the Ministry on 23.07.2025.