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Ministry of Finance (India)

Federal ministry in India

Ministry of Finance (India)

Uncommon card · No. 168773

The Ministry of Finance (IAST: Vitta Mantrālaya) is a ministry of the Government of India that manages the government's finances and acts as its treasury. It oversees taxation, financial legislation, financial institutions, capital markets, currency, banking services, and centre and state finances. It also prepares the annual Union Budget and Economic Survey and works through six departments: Economic Affairs, Expenditure, Revenue, Financial Services, Investment and Public Asset Management, and Public Enterprises. The ministry is the cadre-controlling authority for three central civil services: the Indian Revenue Service, the Indian Economic Service, and the Indian Cost Accounts Service.

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