Budget 2020: Just two days earlier than the Union Budget to be introduced on 1 February, the federal government has introduced a brand new head for direct tax administration. In a shock transfer, the Central Government late on Thursday stated that the Appointments Committee of the Cabinet (ACC) has authorised the 1984 batch IRS officer, M. Ajit Kumar because the Chairman of the Central Board of Indirect Taxes and Customs (CBIC) .
An order issued by the Ministry of Personnel Public Grievances and Pensions states "The Appointments Committee of the Cabinet (ACC) authorised the appointment of M. Ajit Kumar, Chairman of the Central Indirect Taxes of IRS (C&CE 84) and Customs (CBIC). Gave. <! –
Kumar is at the moment a member of CBIC. This order is signed by Rajiv Lochan, Under Secretary. A replica has been marked to Revenue Secretary Ajay Bhushan Pandey, whom CBIC experiences.
The CBIC chairman has a problem to spice up the Goods and Services Tax (GST) income, which has refused to indicate any important leap. Apart from this, the finances introduced on Saturday is anticipated to point important adjustments in customs.
Budget 2020: Officer busy in printing of finances paperwork didn’t go away obligation even on father's demise