Economic Affairs Secretary Ajay Seth has been given the additional charge of the Revenue Department following the appointment of Tuhin Kanta Pandey as the chairman of the Securities and Exchange Board of India (SEBI).
The decision was formalised through an order issued by the Personnel Ministry.
Tuhin Kanta Pandey, who previously served as the Revenue Secretary, officially took over as the chief of SEBI on March 1, 2025.
His appointment left a vacancy in the Revenue Department, prompting the government to entrust Ajay Seth with the additional responsibility until a permanent replacement is named.
Ajay Seth, who currently leads the Department of Economic Affairs, will now oversee key functions of the Revenue Department as well.
This includes matters related to taxation, revenue collection, and policy formulation. His experience in economic policymaking is expected to contribute to the smooth functioning of both departments.
The Revenue Department plays a crucial role in managing tax administration and fiscal policies. With Seth now handling the portfolio, the government aims to maintain stability in revenue management while ensuring policy continuity.
The additional charge is a temporary arrangement, and the government is expected to announce a permanent appointment for the Revenue Secretary in due course.
Meanwhile, Seth’s leadership in both departments will be key in addressing economic challenges and ensuring effective coordination within the Finance Ministry.
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