Finance Minister Nirmala Sitharaman will present the Budget for 2023-24 on 1 February 2023 and this will be her fifth Budget presentation today. Nirmala Sitharaman is the current and first full-time female Finance Minister of India. She took charge on 31 May 2019. Let us have a look at the list of Finance Ministers of India from 1947 to the present. Updated: Feb 1, 2023 11:35 IST 
Finance Ministers of India 2023 Latest Update: Finance Minister Nirmala Sitharaman will present the Budget for 2023-24 on 1 February 2023 and this will be her fifth Budget presentation today. Article 112 of the Indian Constitution envisages laying down the annual budget in the Parliament.
- Ministry of Finance (@FinMinIndia) January 31, 2023 Earlier the Union Budget was presented on the last working day of February, but the BJP government has changed this tradition.
- From 2016 onwards, the Union Budget is presented on the first day of February so that it could be materialised before the beginning of the new financial year in April.
Ministry of Finance deals with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The first Finance Minister of independent India was R.K. Shanmukham Chetty, who also presented the first Budget.
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Who is the financial minister of India 2023?
From Wikipedia, the free encyclopedia
| Minister of Finance Vitta Mantrī | |
|---|---|
| Emblem of India | |
| Flag of India | |
| Incumbent Nirmala Sitharaman since 31 May 2019 | |
| Ministry of Finance | |
| Style | The Honourable |
| Abbreviation | FM |
| Member of | Cabinet Cabinet Committee on Security |
| Appointer | President on the advice of the Prime Minister |
| Inaugural holder | R.K. Shanmukham Chetty |
| Formation | 15 August 1947 |
The Minister of Finance ( Vitta Mantrī ) (or simply, the Finance Minister, short form FM ) is the head of the Ministry of Finance of the Government of India, One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government.
A key duty of the Finance Minister is to present the annual Union Budget in Parliament, detailing the government’s plan for taxation and spending in the coming financial year, Through the Budget, the finance minister also outlines allocations to all the ministries and departments. The Minister is assisted by the Minister of State for Finance and the junior Deputy Minister of Finance,
There have been a number of Ministers of Finance that went on to become the Prime Minister ; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh and also to serve as the President ; R.Venkataraman and Pranab Mukherjee, Several Prime Ministers have also gone on to hold the position of Minister of Finance.
Who is finance manager minister of India?
Who’s Who
| Name | Designation | Email Address |
|---|---|---|
| SMT. NIRMALA SITHARAMAN | Finance Minister | APPOINTMENTFMGOVIN |
| SHRI S.S NAKUL | PS TO FM | FMONICIN |
| SHRI VIVEK SINGH | OSD TO FM | FMONICIN |
| SHRI ANKIT JALAN | ADDL. PS TO FM | FMONICIN |
Who is the Finance Minister of UP?
Cabinet Ministers
| Portfolio | Minister | Party |
|---|---|---|
| Minister of Finance Minister of Parliamentary Affairs | Suresh Khanna | BJP |
| Minister of Agriculture Minister of Agricultural Education & Research | Surya Pratap Shahi | BJP |
| Minister of Jal Shakti Minister of Disaster Management | Swatantra Dev Singh | BJP |
Who is the chief minister of India?
Current Indian chief ministers –
| Colour key for parties |
|---|
| Aam Aadmi Party All India N.R. Congress All India Trinamool Congress Bharat Rashtra Samithi Bharatiya Janata Party Biju Janata Dal Communist Party of India (Marxist) Dravida Munnetra Kazhagam Indian National Congress Janata Dal (United) Jharkhand Mukti Morcha Mizo National Front Nationalist Democratic Progressive Party National People’s Party Sikkim Krantikari Morcha Shiv Sena Yuvajana Shramika Rythu Congress Party N/A ( President’s rule ) |
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Who is the Minister of GST in India?
Who heads the GST Council? – The GST Council is generally chaired by the Union Finance Minister. Thus, currently, Smt. Nirmala Sitharaman is the chairperson of the GST Council.
Who was the first female cabinet minister of independent India?
Health Minister – After India’s independence, Amrit Kaur became part of Jawaharlal Nehru ‘s first Cabinet ; she was the first woman to hold Cabinet rank, serving for ten years. In January 1949, she was appointed a Dame of the Order of Saint John (DStJ).
- She was assigned the Ministry of Health,
- In 1950, she was elected the president of World Health Assembly,
- As Health Minister, Kaur led a major campaign to fight the spread of malaria in India.
- She also led the campaign to eradicate tuberculosis and was the driving force behind the largest B.C.G vaccination programme in the world.
Kaur was also instrumental in founding the Indian Council of Child Welfare. Kaur served as the Chairperson of the Indian Red Cross society for fourteen years. During her leadership, the Indian Red Cross did a number of pioneering works in the hinterlands of India.
She served on the boards of governmental bodies aimed at fighting tuberculosis and leprosy. She started the Amrit Kaur College of Nursing and the National Sports Club of India, Rajkumari Amrit Kaur played a key role in the development of College of Nursing, New Delhi (established in 1946), Government of India renamed the college as Rajkumari Amrit Kaur College of Nursing in her honor.
From 1957 until her death in 1964, she remained a member of Rajya Sabha, Between 1958 and 1963 Kaur was the president of the All-India Motor Transport Congress in Delhi. Until her death, she continued to hold the presidencies of the All India Institute of Medical Sciences, the Tuberculosis Association of India, and the St.
How many ministries are there in India?
There are 54 Union ministries and 93 departments in India.
Who is the latest finance minister?
Finance Minister Nirmala Sitharaman will present the Budget for 2023-24 on 1 February 2023 and this will be her fifth Budget presentation today. Nirmala Sitharaman is the current and first full-time female Finance Minister of India. She took charge on 31 May 2019. Let us have a look at the list of Finance Ministers of India from 1947 to the present. Updated: Feb 1, 2023 11:35 IST Finance Ministers of India 2023 Latest Update: Finance Minister Nirmala Sitharaman will present the Budget for 2023-24 on 1 February 2023 and this will be her fifth Budget presentation today. Article 112 of the Indian Constitution envisages laying down the annual budget in the Parliament.
- Ministry of Finance (@FinMinIndia) January 31, 2023 Earlier the Union Budget was presented on the last working day of February, but the BJP government has changed this tradition.
- From 2016 onwards, the Union Budget is presented on the first day of February so that it could be materialised before the beginning of the new financial year in April.
Ministry of Finance deals with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The first Finance Minister of independent India was R.K. Shanmukham Chetty, who also presented the first Budget.
What is the GDP of up 2023?
From Wikipedia, the free encyclopedia
| Lucknow, the capital and largest city of Uttar Pradesh. | |
| Currency | Indian Rupee ₹ |
|---|---|
| Fiscal year | 1 April – 31 March |
| Country group |
|
| Statistics | |
| GDP | ₹ 26.39 lakh crore (US$330 billion) (2023-24 est.) |
| GDP rank | 3rd |
| GDP growth | 19% (2023–24 est.) |
| GDP per capita | ₹ 105,000 (US$1,315) (2023–24 est.) |
| GDP per capita rank | 28th |
| Population below poverty line | 22.93% in poverty (2019-21) |
| Main industries | Agriculture, Livestock, Farming, Fishing, Pottery, Gold market, Brass Industry, IT Industry, Construction Industry, Infrastructure Industry, IT Consulting, Electronics Industry, Garment, Textile industry, Advertising Industry, Automobile Industry, Leather Industry and others |
Uttar Pradesh is the most populous state in India with a population of nearly 200 million people. The economy of Uttar Pradesh is the third largest of all the states in India. At current prices, the gross state domestic product (GSDP) of Uttar Pradesh is estimated to be Rs.20.48 trillion (US$ 248.66 billion) in 2022-23.
- Merchandise exports from Uttar Pradesh reached US$ 21.03 billion in FY22.
- Uttar Pradesh is the largest producer of food grains in India and accounted for about 17.83% share in the country’s total food grain output in 2016-17.
- Food grain production in the state stood at 49,903.1 thousand tonnes in 2016-17 and 51,252.7 thousand tonnes in 2017-18.
Major food grains produced in the state include rice, wheat, maize, millet (bajra), gram, pea and lentils. Uttar Pradesh is a favored tourist destination in India with Varanasi-the oldest city of the world, holy place for devotees of Lord Shiva and Taj Mahal, one of the eight Wonders of the World, located in Agra.
Who is the Delhi chief minister?
History – Since 1952, National Capital Territory of Delhi has had 7 chief ministers, starting with the Indian National Congress party’s Chaudhary Brahm Prakash, Shortly after his term ended, the office of chief minister of the National Capital Territory of Delhi was abolished for 37 years until 2 December 1993, when the Bharatiya Janata Party ‘s Madan Lal Khurana was sworn in.
The longest-serving chief minister, Sheila Dikshit from the Indian National Congress party held the office for over fifteen years. On 28 December 2013, Arvind Kejriwal of Aam Aadmi Party sworn in as first state party chief minister of the national capital territory. There have been one instance of president’s rule in National Capital Territory of Delhi, most recently in 2015.
Arvind Kejriwal of Aam Aadmi Party is the incumbent chief minister of Delhi since 14 February 2015.
Who is Lady Chief Minister of India?
From Wikipedia, the free encyclopedia The chief minister is the chief executive of the Indian state. In accordance with the Constitution of India, the governor is a state’s de jure head, but de facto executive authority rests with the chief minister,
- Following elections to the legislative assembly, the state’s governor usually invites the party (or coalition) with a majority of seats to form the government,
- The governor appoints the chief minister, whose council of ministers are collectively responsible to the assembly.
- Given that she has the confidence of the assembly, the chief minister’s term is for five years and is subject to no term limits,
Since 1963, India has had 16 female chief ministers. The first woman to become chief minister was Sucheta Kripalani of the Indian National Congress party, who was sworn in on 2 October 1963 as chief minister of Uttar Pradesh, The longest-serving female chief minister was Sheila Dikshit, who served as the chief minister of the National Capital Territory of Delhi for the Indian National Congress and held the office for over fifteen years.J.
Jayalalithaa, former general secretary of the All India Anna Dravida Munnetra Kazhagam, served as chief minister of Tamil Nadu and has the second-longest tenure; she held the office until her death in 2016, becoming the first female chief minister to die in office, while V.N. Janaki Ramachandran of the same state and party has the shortest tenure (only 23 days).
Only 12 states and 1 union territory in India had female chief ministers, out of 28 states and 8 union territories, Mamata Banerjee of West Bengal is the only female incumbent chief minister in India.
What is the full name of India?
India, officially the Republic of India (ISO: Bhārat Gaṇarājya), is a country in South Asia.
Which country has highest GST rate in the world?
India has the highest slab rate of 28% under GST. Argentina follows next with a slab rate of 27%.
How much is GST in India?
GST Rate changes from 1st January 2023 – The government has raised the goods and services tax on items such as clothes, textiles, and footwear from 5% to 12%. The GST rate on textiles has been raised to 12% from 5%, and the GST rate on garments of any value has been raised to 12% from 5%. In addition, can help you grow your business through an automated payment system with GST-compliant tariffs.
Who wrote GST in India?
Brief History Of GST | Goods and Services Tax Council 
The idea of a nationwide GST in India was first proposed by the Kelkar Task Force on Indirect taxes in 2000. The objective was to replace the prevailing complex and fragmented tax structure with a unified system that would simplify compliance, reduce tax cascading, and promote economic integration.
- The Empowered Committee of State Finance Ministers prepared a design and roadmap, releasing the First Discussion Paper in 2009.
- The Constitution Amendment Bill was introduced in 2011 but faced challenges regarding compensation to States and other issues.
- After years of deliberation and negotiations between the Central and State Governments, the Constitution (122 nd Amendment) Bill, 2014, was introduced in the Parliament.
The Bill aimed to amend the Constitution to enable the implementation of GST. The Constitution Amendment Bill was passed by the Lok Sabha in May, 2015. The Bill with certain amendments was finally passed in the Rajya Sabha and thereafter by the Lok Sabha in August, 2016.
- Further, the Bill has been ratified by the required number of States and has since received the assent of the President on 8 th September, 2016 and has been enacted as the 101st Constitution Amendment Act, 2016.
- The GST Council was notified w.e.f.15 th September, 2016.
- For assisting the GST Council, the office of the GST Council Secretariat was also established.
The GST Council, consisting of the Union Finance Minister and representatives from all States and Union Territories, was established to make decisions on various aspects of GST, including tax rates, exemptions, and administrative procedures. It played a crucial role in shaping the GST framework in India.
- On 1 st July, 2017, GST laws were implemented, replacing a complex web of Central and State taxes.
- Under the Indian GST, goods and services are categorized into different tax slabs, including 5%, 12%, 18%, and 28%.
- Some essential commodities are exempted from GST, Gold and job work for diamond attract low rate of taxation.
Compensation cess is being levied on demerit goods and ceratin luxury items. To prepare for the implementation of GST, extensive efforts were made to build the necessary technological infrastructure and train tax officials and businesses. GST Network (GSTN), a not-for-profit company, was created to provide the IT backbone for the GST system, including taxpayer registration, return filing, and tax payments.
- Since its implementation, the Indian GST has undergone various amendments and refinements based on feedback from businesses and the evolving economic scenario.
- While the GST implementation initially posed challenges for businesses in terms of understanding the new compliance requirements and adapting to the changes, it has gradually settled into the Indian tax landscape.
It can be said that the history of GST in India showcases a monumental shift in the country’s tax structure, aiming to create a more unified, efficient, and transparent indirect tax regime for the benefit of businesses and the economy as a whole.
Who is the first minister of education in India?
Who was India’s first Education Minister after independence? No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses : Who was India’s first Education Minister after independence?
Who is the first female president in India?
From Wikipedia, the free encyclopedia
| Pratibha Patil | |
|---|---|
| Official portrait, 2007 | |
| 12th President of India | |
| In office 25 July 2007 – 25 July 2012 | |
| Prime Minister | Manmohan Singh |
| Vice President | Mohammad Hamid Ansari |
| Preceded by | A.P.J. Abdul Kalam |
| Succeeded by | Pranab Mukherjee |
| 17th Governor of Rajasthan | |
| In office 8 November 2004 – 23 June 2007 | |
| Chief Minister | Vasundhara Raje |
| Preceded by | Madan Lal Khurana |
| Succeeded by | Akhlaqur Rahman Kidwai |
| Member of Parliament, Lok Sabha | |
| In office 21 June 1991 – 16 May 1996 | |
| Preceded by | Sudam Deshmukh |
| Succeeded by | Anantrao Gudhe |
| Constituency | Amravati |
| 9th Deputy Chairman of the Rajya Sabha | |
| In office 18 November 1986 – 5 November 1988 | |
| Preceded by | M.M. Jacob |
| Succeeded by | Najma Heptulla |
| Member of Parliament, Rajya Sabha | |
| In office 1985–1990 | |
| Constituency | Maharashtra |
| Member of the Legislative Assembly, Maharashtra | |
| In office 1962–1985 | |
| Constituency |
|
| Personal details | |
| Born | Pratibha Narayan Rao Patil 19 December 1934 (age 88) Nadgaon Village district, Bombay Presidency, British India (now Maharashtra, India) |
| Political party | Indian National Congress |
| Spouse | Devisingh Ramsingh Shekhawat ( m.1965; died ) |
| Children | 2 |
| Alma mater |
|
| Website | pratibhapatil,info |
Prathibha Devisingh Patil (born 19 December 1934) is an Indian politician and lawyer who served as the 12th president of India from 2007 to 2012. She was the first woman to become the president of India. A member of the Indian National Congress, she previously served as the Governor of Rajasthan from 2004 to 2007, and was a member of the Lok Sabha from 1991 to 1996.
Who is the youngest female ministers in India?
Career – Sangma was first elected to the in a in May 2008, after her father resigned from the seat to enter state politics. Later she was re elected to, At age 29, Sangma is the youngest ever to be appointed till date. Sangma was for, She resigned from this post during the cabinet reshuffle in October 2012.
Who is the present finance minister of Assam?
Government Of Assam Finance Hon’ble Chief Minister Dr. Himanta Biswa Sarma and other ministers of his cabinet accompany Hon’ble Finance Minister Smt. Ajanta Neog before presenting the Assam Budget 2021-22.
Who is the principal secretary finance in Delhi?
Sh. Ashish Chandra Verma, IAS Pr.
