<P> The Ministry of Finance is an important ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury Department . In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget . </P> <P> The Ministry of Finance is the cadre controlling authority of the Indian Revenue Service, Indian Economic Service, Indian Cost Accounts Service and Indian Civil Accounts Service . </P> <P> Arun Jaitley is the Finance Minister of India . </P> <P> R.K. Shanmukham Chetty was the first Finance Minister of independent India . He presented the first budget of independent India on 26 November 1947 . </P>

What is the meaning of finance minister in hindi