Nitin Gupta, former CBDT Chairman, took charge as NFRA Chairperson on July 23, 2025. Alongside him, Smita Jhingran, P. Daniel, and Sushil Kumar Jaiswal assumed roles as full-time members. With rich experience in taxation, auditing, and governance, the new team is set to strengthen NFRA’s role in financial reporting, transparency, and global-standard auditing practices.