| S.No | Year | Finance Minister (Shri / Smt) |
| 1947 | Liaquat Ali Khan | |
| 1947-49 | R.K. Shanmukham Chetty | |
| 1950-51 | Dr. John Mathai | |
| 1951-57 | Dr. C.D. Deshmukh | |
| 1957-58 | T.T. Krishnamachari | |
| 1958-59 | Jawahar Lal Nehru, P.M. | |
| 1959-64 | Morarji R. Desai | |
| 1964-65 | T.T. Krishnamachari | |
| 1966-67 | Sachin Choudhury | |
| 1967-69 | Morarji R. Desai, Dy. P.M. | |
| 1969-70 | Smt. Indira Gandhi, P.M. | |
| 1971-74 | Y.B. Chavan | |
| 1975-77 | C. Subramanian | |
| 1977-78 | H.M. Patel | |
| 1979 | Charan Singh, Dy. P.M. | |
| 1979 | H.N. Bahuguna | |
| 1980-82 | R. Venkataraman | |
| 1982-84 | Pranab Mukherjee | |
| 1984-86 | V.P. Singh | |
| 1987 | Rajiv Gandhi, P.M. | |
| 1987-88 | N.D. Tiwari | |
| 1988-89 | S.B. Chavan | |
| 1989-90 | Madhu Dandavate | |
| 1990-91 | Yashwant Sinha | |
| 1991-96 | Dr. Manmohan Singh | |
| 1996 | Jaswant Singh | |
| 1996-98 | P. Chidambaram | |
| 1998-02 | Yaswant Sinha | |
| 2002-04 | Jaswant Singh | |
| 2004-08 | P. Chidambaram | |
| 2009-2012 | Pranab Mukherjee | |
| 2012-2014 | P. Chidambaram | |
| 2014-2019 | Shri Arun Jaitley | |
| 2019 | Smt Nirmala Sitharaman |