Here is a look at the Union Budget's history from 1947 to 2025. Get to know India's finance ministers from independence below. (August 15, 1947 – August 17, 1948) The first Finance Minister of ...

Nirmala Sitharaman has been serving as Finance Minister since 2019 ... His tenure laid the foundation for India's economic policies in the early years of independence, addressing challenges ...

- R. K. Shanmukham Chetty (1947-1948): The first Finance Minister of independent India. - John Mathai (1948-1950): Played a significant role in the early years of India’s economic planning.

When you look back at India’s history since its independence, one cannot overlook the compelling impact its Prime Ministers have had on the country's growth, challenges, and direction.

Here, we take you through the major changes tax slabs have gone through ever since India became an independent nation in 1947. Income tax slab revision by John Mathai in 1949-50 Finance Minister John ...

Notably, this legacy was inherited from the British colonial era. India’s first Finance Minister, RK Shanmukham Chetty, continued this budget briefcase tradition. British finance ministers used ...

The Home Minister ... All India Services system, championing a secular, united India. 2. C. Rajagopalachari (1950–1951) C. Rajagopalachari strengthened administrative systems post-Independence ...

R.K. Shanmukham Chetty is rarely counted among India’s most celebrated finance ministers ... India’s economic condition at the moment of independence. The horrors of Partition often overshadow ...

The country’s first budget post-Independence was presented ... Shanmukham Chetty served as the first Finance Minister of Independent India. The country’s first budget was tabled on November ...

The presentation of the budget has undergone a significant changes since independence ... Ali Khan (1946-1947): The first Finance Minister of undivided India, serving under the interim ...