Finance Secretary (India)

The finance secretary (pronounced [vit̪t̪ə səcivə]) is the administrative head of the Ministry of Finance. This post is held by senior IAS officer of the rank of Secretary to Government of India. T. V. Somanathan is the incumbent Finance Secretary.

Finance Secretary of India

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Incumbent T. V. Somanathan, IAS since 29 April 2021
Ministry of Finance
Reports to	President of India Parliament of India Council of Ministers of India Prime Minister of India Finance Minister of India
Residence	New Moti Bagh, New Delhi, India
Seat	Ministry of Finance North Block, Cabinet Secretariat Raisina Hill New Delhi
Appointer	Appointments Committee of the Cabinet
Term length	Two years, term can be extended.
Formation	1947 (1947)
Salary	₹225,000 (US$2,800) monthly
Website	Official Website

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Under Section 22, of Reserve Bank of India Act, 1934, Finance Secretary signs the 1-rupee note.

As a Secretary to Government of India, the Finance Secretary ranks 23rd on Indian Order of Precedence.

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