When was the indirect tax at which Navin Kumar served as the first chairman introduced in India?
Navin Kumar Navin Kumar (born 29 August 1952), is a retired Indian Administrative Service (I.A.S.) officer of Bihar cadre in India. He also served as the first Chairman of Goods and Services Tax Network (GSTN) in India from 2013 to August 2017. He has also served as Chief Secretary in the state of Bihar retiring from service in August 2012. He belongs to the I.A.S. batch of 1975. He has also served as Secretary in Ministry of Urban Development, Chairman of Metro Rail Corporations of India such as Delhi Metro Rail Corporation, Bangalore Metro Rail Corporation and Director General of Doordarshan with additional charge as CEO of Prasar Bharati.
V. Vaidyanathan V. Vaidyanathan is founder and Executive Chairman of Capital First Ltd. He founded Capital First Ltd. by acquiring an equity stake in an existing wholesale NBFC, and then securing an equity backing of Rs. 810 crore in 2012 from reputed PE Warburg Pincus and concluded a successful buyout of the company which resulted in buyout of other majority and minority shareholders through an open offer to public. As part of the process, fresh capital of Rs. 1.00 billion was infused into the company, the board of directors was reconstituted, the business of the company was changed from wholesale to retail lending, and a new brand, Capital First was created. Post the buyout, Vaidyanathan holds shares and options totaling 13% of the company on a fully diluted basis through personal holdings and related entities.