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Hasmukh Adhia to retire in November, government plans new Budget team, says report

Hasmukh Adhia to retire in November, government plans new Budget team, says report

Hasmukh Adhia to retire in November, government plans new Budget team, says report
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By CNBC-TV18 Nov 5, 2018 11:18:57 AM IST (Updated)

Adhia, a 1981 batch Gujarat-cadre Indian Administrative Service (IAS) officer, may not get an extension, nor has he expressed the willingness to seek one, the report said quoting sources. As 2019 is the election year, the Budget presented by finance minister Arun Jaitley will be that of an interim one.

Right before the last Budget presentation in February 2019, the finance ministry’s budget making team will see a new change as the current finance and revenue secretary Hasmukh Adhia retires on November 30, reported Business Standard.

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Adhia, a 1981 batch Gujarat-cadre Indian Administrative Service (IAS) officer, may not get an extension nor has he expressed the willingness to seek one, the report said quoting sources. As 2019 is the election year, the Budget presented by union finance minister Arun Jaitley will be that of an interim one.
It is an accepted practice in the finance ministry to extend the tenure of the acting secretaries if their retirement date falls close to the Budget presentation, the report said, adding that former economic affairs secretary Shaktikanta Das’ tenure was extended to May from February to oversee the post budget process which includes the passage of the Finance Bill.
According to the Business Standard report, Girish Chandra Murmu, a 1985 Gujarat-cadre officer and special secretary in the revenue department could succeed Adhia as the revenue secretary, a person who is responsible for setting and meeting tax targets, including the goods and services tax.
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