Budget 2023: The budget for the year 2023 is going to be presented on February 1 this time. Finance Minister Nirmala Sitharaman can open the budget box for many sectors in the fifth budget of the second term of the Modi government. Common citizens are expected to get relief from this budget. Also, from increasing the tax exemption limit to giving financial benefits to the citizens, a blueprint can be prepared.
But do you know who has a role in preparing the budget this time or who are the budget making team of Finance Minister Sitharaman, if not then let us know about those 8 stalwarts who Preparing the budget of the bar. These eight stalwarts are sitting on big and famous positions.
TV Somanathan
Financial Secretary TV Somanathan is a 1987 batch IAS officer of Tamil Nadu cadre. Somanathan was with the PMO office from 2015 to 2017. Earlier he was Joint Secretary in the Ministry of Corporate Affairs. Somanathan holds a doctorate degree in economics and has been a CA. Apart from this, he has also worked as a Cost Accountant and Company Secretary.
Ajay Seth, Economic Affairs Secretary
Economic Affairs Secretary Ajay Seth, also a 1987 batch IAS officer, is an important member of the Finance Minister’s budget team. All budget data is being collected under them. Apart from the budget, Ajay Seth also has the responsibility of co-chairing the G20 central bank and finance minister’s meetings.
Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM)
Secretary Tuhin Kanta Pandey has an important role in the Department of Investment and Public Asset Management (DIPAM). Tuhin Kanta Pandey also had a role in the Air India deal under his supervision.
CBDT Chairman Nitin Gupta
Nitin Gupta is a 1986 batch Indian Revenue Service (IRS) officer. He is also the head of the Central Board of Direct Taxes (CBDT). Nitin Gupta is currently working as Member (Investigation) in CBDT.
Sanjay Malhotra, Revenue Secretary
Sanjay Malhotra, a 1990 batch IAS officer of Rajasthan cadre, has recently been transferred from the Department of Financial Services to the Department of Revenue.
CBIC Chairman Vivek Johri
Vivek Johri is the Chairman of the Central Board of Indirect Taxes and Customs (CBIC) and Special Secretary to the Government of India. There is also an IRS (Customs and Indirect Taxes) officer of 1985 batch. Vivek Johri has held many roles for the Indirect Tax Administration. He has also played an important role in the implementation of GST.
Vivek Joshi, Secretary, Finance Services
Vivek Joshi is a new face in the Finance Ministry. They control the banking sector. Vivek Joshi, a 1989 batch IAS officer of Haryana cadre, had replaced Sanjay Malhotra in October last year.
Chief Economic Advisor V. Ananth Nageswaran
V. Ananth Nageswaran has recently been made the Chief Economic Advisor. He will prepare the draft of the Economic Survey for 2022-23. Nageswaran holds a PhD in Finance from the University of Massachusetts Amherst and an MBA from the Indian Institute of Management (IIM), Ahmedabad.
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