<Table> <Tr> <Th_colspan="2"> Minister of Finance </Th> </Tr> <Tr> <Td_colspan="2"> Emblem of India </Td> </Tr> <Tr> <Td_colspan="2"> Incumbent Arun Jaitley since 26 May 2014 </Td> </Tr> <Tr> <Td_colspan="2"> Ministry of Finance </Td> </Tr> <Tr> <Th> Style </Th> <Td> The Honourable </Td> </Tr> <Tr> <Th> Member of </Th> <Td> Cabinet Cabinet Committee on Security </Td> </Tr> <Tr> <Th> Appointer </Th> <Td> President on the advice of the Prime Minister </Td> </Tr> <Tr> <Th> Inaugural holder </Th> <Td> Liaquat Ali Khan </Td> </Tr> <Tr> <Th> Formation </Th> <Td> 29 October 1946 </Td> </Tr> </Table> <Tr> <Th_colspan="2"> Minister of Finance </Th> </Tr>

Who was the first finance minister of independent india