Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Central Board of Indirect Taxes appoints M Ajit Kumar as new chairman

The centre has announced the appointment of M Ajit Kumar as the new Chairman of the Central Board of Indirect Taxes and Customs (CBIC).

This move has been initiated just two days before the Union Budget 2020 presentation by Finance Minister Nirmala Sitaraman.

Advertisementnbfc 100

The order issued by the Union Ministry of Personnel, Public Grievances and Pensions and it said, “The Appointments Committee of the Cabinet (ACC) has approved the appointment of M. Ajit Kumar, IRS (C&CE 84), as Chairman, Central Board of Indirect Taxes and Customs (CBIC).”

Besides, the order has been inked by Rajeev Lochan, under secretary, and a copy is marked to revenue secretary Ajay Bhushan Pandey, to whom the CBIC reports.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

The new Chairman’s immediate responsibilities will comprise boosting the Goods and Services Tax (GST) revenues and deal with any important changes in customs duties which are introduced as a part of the Budget 2020 on Saturday.

AdvertisementWorld AI Summit 2026 | Bengaluru
AdvertisementElets BFSI AI Summit & Awards, Mumbai

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Federal Bank Appoints Virat Diwanji as Executive Director

Federal Bank has appointed Virat Diwanji as Executive Director, effective October 12, 2026, following approval from the Reserve… Read more →

NETSCOUT Launches nGenius Copilot to Accelerate Network Problem Solving with Conversational AI

October 1, 2026: NETSCOUT, a provider of network observability, AIOps, cybersecurity and DDoS protection solutions, has announced nGenius… Read more →

CUPI Targets Thousands of Businesses as B2B Expense Management Moves Towards Real-Time Payments

Bengaluru, September 30, 2026: CUPI, a digital business expense management platform, is targeting thousands of businesses over the… Read more →

AU Small Finance Bank Crosses 1,000 Microfinance Branches, Reaches 20 Lakh+ Customers

AU Small Finance Bank (AU SFB) has crossed the milestone of 1,000 Microfinance & Financial Inclusion Business (MFIB)… Read more →

Apple Pay Launches in India with Axis Bank Cards, Expands Contactless Payment Options

Apple has launched its Apple Pay payments service in India, allowing users to make contactless payments using compatible… Read more →

Melento Partners with Gnani AI to Bring Voice AI Agents to Global Enterprise Customers

Bengaluru-based enterprise agentic AI company Melento, formerly known as SignDesk, has announced a collaboration with frontier AI company… Read more →