Ministry of Finance (MoF)The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget.The Ministry of Finance is consist of Six Departments, namely Department of Economic Affairs (DEA), Department of Expenditure (DoE), Department of Revenue (DoR), Department of Financial Services (DFS), Department of Investment and Public Asset Management (DIPAM) and Department of Public Enterprises (DPE). The Ministry of Finance is the apex controlling authority of four central civil services namely Indian Revenue Service (IRS), Indian Audit and Accounts Service (IA&AS), Indian Economic Service (IES) and Indian Civil Accounts Service (ICAS). It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service (ICMAS). For further details, please refer Web Portal of the Ministry of Finance https://www.finmin.gov.in/. |