Rajat Bansal is Chief Commissioner of Income Tax in India’s IRS. He has extensive experience in international taxation and transfer pricing at policy level as well as in the field.
From 2014 to 2019, he worked as India’s competent authority for treaty, MAP and APA negotiations, and exchange of information in respect of countries in Africa, Asia, Australia and Latin America. He was also the first transfer pricing officer in India in 2003 and set up the TP office at Delhi. Mr Bansal was the single contact person on behalf of India on MLI-related matters and participated in the finalization of the MLI and Explanatory Notes. He was co-chair of India’s internal committee on the BEPS Project during 2014-2016 and also the single person of contact for EOI in the Global Forum for India and Forum for Harmful Tax Practices, as well as Tax Inspector without Borders during 2014-2019. Furthermore, he coordinated cooperation with CATA, CIAT and BRICS on behalf of the Indian government.
At present, he is a member of the UN Tax Committee on Cooperation in International Tax Matters, where he contributed to topics such as the digitalized economy, UN Model updating, UN Transfer Pricing Handbook revision and the UN Dispute Resolution Handbook. His proposal to the UN Tax Committee on Taxation of Digital Economies has been discussed in tax circles globally and has resulted in a new article 12B in the UN Model.