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The Government today appointed tax expert Parthasarathy Shome as adviser to Finance Minister P. Chidambaram with the rank of Minister of State.
Noted tax expert Parthasarathi Shome has been appointed as Advisor to the Finance Minister in the rank of Minister of State.
His tenure will be co-terminus with the period of office of the Finance Minister.
Shome is returning to North Block after a span of four years. He was advisor to the Finance Minister from 2004-08 during the UPA-I regime.
As head of the General Anti-Avoidance Rules (GAAR) panel, Shome had in September this year submitted a draft report, which had suggested deferring implementation of GAAR by three years to April 2016.
The GAAR panel submitted its final report to Finance Minister in October.
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