Ajay Seth Takes Temporary Helm at Revenue Department

Ajay Seth, the Economic Affairs Secretary, has been granted additional responsibilities as the Secretary of the Department of Revenue. This comes after Tuhin Kanta Pandey's recent appointment as SEBI Chairman. Seth will hold the position until a permanent successor is appointed.

In a significant reallocation of responsibilities within India's financial governance, Ajay Seth, the current Economic Affairs Secretary, has been delegated the additional role of Secretary for the Department of Revenue.

This reassignment follows Tuhin Kanta Pandey's elevation to the position of Chairman at the Securities and Exchange Board of India (SEBI), beginning his duties on February 27 as head of the Mumbai-based capital markets authority.

The decision, sanctioned by the competent authority, positions Seth to manage dual portfolios until a full-time Revenue Secretary is appointed.

(With inputs from agencies.)