Revenue Department

Economic affairs secretary Ajay Seth was on Saturday given additional charge of the post of secretary, Department of Revenue, according to a personnel ministry order. The vacancy was necessitated following the appointment of revenue secretary Tuhin Kanta Pandey as the chairman of the Securities and Exchange Board of India (SEBI) on February 27. Pandey on Saturday assumed charge as the chief of the Mumbai-based capital markets regulator. The competent authority has approved the assignment of the additional charge of the secretary of the Department of Revenue to Ajay Seth, secretary of the Department of Economic Affairs till the appointment of a regular incumbent, the order said.

In May 2024, the Department of Financial Services had asked SBI to set up a co-lending committee to address issues related to its business model

In a significant reshuffle within the Finance Ministry, senior IAS officer Arunish Chawla has been reassigned from his position as revenue secretary to head the Department of Investment and Public Asset Management (DIPAM), a move which comes three weeks ahead of the Union Budget. DIPAM secretary Tuhin Kanta Pandey has been appointed as the new revenue secretary in place of Chawla, according to a personnel ministry order. Pandey is also the finance secretary. The changes come at a time when the Finance Ministry is working on the the Union Budget, scheduled for presentation on February 1. Wednesday's reshuffle is seen as the government's strategic adjustments as it gears up for the crucial financial planning period ahead. Chawla, a 1992-batch Indian Administrative Service (IAS) officer of Bihar cadre, was appointed as the revenue secretary only on December 25 last year. He was then working as the Secretary, Department of Pharmaceuticals. He will also hold additional charge of the pos

Telangana state's revenue receipts met only 46.7 per cent at Rs 1.03 lakh crore during the first eight months of the current financial year (till November), against the actual budget estimate of Rs 2.21 lakh crore, indicating probable financial stress in the coming months. According to the latest report of the Comptroller and Auditor General (CAG) on Telangana's finances up to November, the total receipts (Revenue and capital; receipts) achieved only 51.5 per cent to Rs 1.41 lakh crore against the budget estimated Rs 2.74 lakh crore. Non-tax revenues of the state took a beating with just 14.82 per cent (Rs 5,217 crore) against the target of Rs 35,208 crore impacting the overall performance. Capital expenditure stood at about Rs 21,000 crore, 62.2 per cent of the budgeted Rs 33,500 crore. The state government borrowed Rs 37,850 crore till November this year thus utilising 71.7 per cent of the budget estimates of Rs 49,255 crore. With just four months left in the financial year, it

Senior bureaucrat Arunish Chawla on Thursday took charge as the Secretary, Department of Revenue. A 1992-batch Indian Administrative Service (IAS) officer of the Bihar cadre, Chawla served as the Secretary in the Department of Pharmaceuticals in the Ministry of Chemicals and Fertilisers since November 1, 2023. On Wednesday, the Appointments Committee of the Cabinet appointed Chawla as the Revenue Secretary. A doctorate in Economics from the London School of Economics, Chawla served as the Managing Director of the Metro Rail Project Patna; and on Foreign Assignment through Department of Economic Affairs as the Senior Economist, International Monetary Fund; Minister (Economic), Embassy of India in Washington DC; and also as Joint Secretary in the Department of Expenditure, Ministry of Finance, the finance ministry statement said.

Chawla, a 1992 batch Indian Administrative Service (IAS) officer of the Bihar cadre, is currently the pharmaceuticals secretary

His appointment comes at a time when the Goods and Services Tax Council meeting is scheduled for December 21 in Jaisalmer

The Supreme Court has also condones the delay of 365 days in filing the present case

Malhotra said it is vital for the department to upgrade skills and manpower to adapt to technological changes

He further said technology and trust are two pillars of the revenue department

This ruling confirms that DRI officers qualify as "proper officers" under Section 28 of the Customs Act, enabling them to issue show-cause notices

During the initial stage of developing the pharmaceutical product, the petitioner (Enzene Biosciences) had incurred a lot of expenditure

The court also stated that the directions in the Ashish Agarwal case will extend to all 90,000 assessment notices issued under the old regime

A case has been registered against 30 residents of Ukhra village here in connection with an alleged attack on two revenue officials, police said on Tuesday. On Saturday, a team of district administration razed several structures built on government land using bulldozers. When some BJP leaders reached the village on Monday and were talking to the people in presence of police, some of the villagers became violent and attacked Lekhpals (revenue officers) Rudra Pratap Singh and Saurabh Pandey. Meanwhile, the Lakhpal Sangh, an union of the lekhpals, continues to stage a dharna over non arrest of the accused persons, district president Lekhpal Sangh, Ajit Dwivedi said. SHO Nawabganj Balraj Bhati on Tuesday said a case has been registered against 30 named villagers under BNS sections 193 (1) (liability of owner, occupier, etc., of land on which an unlawful assembly or riot takes place), 115 (2) (voluntarily causing hurt), 132 (assault or criminal force to deter public servant from dischar

Revenue Secretary Sanjay Malhotra on Tuesday stressed the importance of maintaining a fine balance between enforcement actions and ease of doing business while dealing with suspected GST evasion cases. Addressing the second edition of the National Conference of Enforcement Chiefs of State and Central GST formations, Malhotra also highlighted the need to track the masterminds and beneficiaries of fake input tax credit so that strict action is taken to have the necessary deterrence effect. The meeting comes amid the ongoing special drive to detect fake GST registration. The all-India drive began on August 16 and will continue for two months. "The Secretary stressed the importance of maintaining a fine balance between enforcement actions and ease of doing business," an official statement said. In his address, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Agarwal emphasised the need for enforcement agencies to stay ahead of the evaders so that the sanctity of the G

Delhi minister Atishi on Friday directed the Revenue Department to initiate a magisterial inquiry into the deaths of 14 inmates of the Asha Kiran shelter home in northwest Delhi's Rohini and submit a report within 48 hours. Asha Kiran is a Delhi government-run facility for "mentally challenged" and comes under its Social Welfare Department. The department is currently without a head following the resignation of Raaj Kumar Anand. Delhi Chief Minister Arvind Kejriwal, who is currently lodged in Tihar jail, has not assigned the charge of the department to any minister. Taking cognisance of news reports on the deaths since January this year, Atishi said they "reportedly occurred due to health issues and malnutrition and indicates the lack of availability of requisite facilities to the inmates". "It is very shocking to hear such bad news in the capital city of Delhi and we cannot tolerate such kind of lapses, if found true. This is a very serious issue and needs to be thoroughly ...

Malhotra said that the exercise is not linked to bringing a new Direct Tax Code, but a comprehensive review of the income tax law

Non-tax telecom revenue higher by 28.5% despite muted spectrum auctions

In a bid to boost India's e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments. The country's e-commerce exports currently stand at USD 2 billion as compared to China's staggering USD 350 billion, according to industry sources. The government aims at bridging the gap by establishing a supportive e-commerce ecosystem, they said. "A lot of streamlining is required in this regard. We are working with the Department of Revenue to have designated e-commerce hubs so that clearance of goods happens fast," Director General of Foreign Trade Santosh Kumar Sarangi told PTI. He said these hubs will have facilities like dedicated customs and security checks, allowing cleared parcels to proceed through a green channel at airports, eliminating the need for further inspections. This approach mirrors best practices observed in oth

Revamped GST rates may be implemented this financial year