Bakhtiar Dadabhoy's long-awaited biography sheds light on John Matthai, a respected Syrian Christian economist and technocrat who played a pivotal role in shaping India's early economic policies, ...

John Matthai is, admittedly, an interesting choice—independent India’s first railways minister and its second finance minister—though charting his life holds myriad challenges and Dadabhoy ...

BOOK EXCERPT Biography: How John Matthai, India’s second finance minister, handled the devaluation of the rupee An excerpt from ‘Honest John: A Life of John Matthai’, by Bakhtiar K Dadabhoy.

1- First Budget: The first-ever Union Budget of Independent India was presented on November 26, 1947, by the country's first finance minister R.K. Shanmukham Chetty.

The country’s first budget post-Independence was presented in November 1947. Railway Budget was merged with Union Budget in 2017-18, ending a 92-year-old practice of a separate budget.

The first ever tax slab came into being during the tenure of former finance minister John Mathai. Mathai was a pioneer as he tried to reduce the taxes in a young independent India in 1949-50.

This ceremony symbolises the commencement of the budget process. In an unprecedented incident in 1950, during Finance Minister John Mathai's tenure, the Union Budget was leaked while being printed.

The Union Budget and Railway Budget were presented separately for 92 years until 2017, when the government merged them to streamline financial planning and enhance resource allocation. The move, ...

Income tax slab revision by John Mathai in 1949-50 Finance Minister John Mathai made the first tax slab change in independent India when he reduced tax on incomes up to Rs 10,000 by a quarter of an ...

In a budget speech made 75 years ago, the then finance minister John Mathai announced the setting up of a new expert body to coordinate and guide economic activities in India — the Planning ...

John Matthai CIE (1886-1959) was an economist who served as India's first Railway Minister and subsequently as India's Finance Minister, taking office shortly after the presentation of India's first ...

Please join Dr. John J. Hamre, CEO and President, Center for Strategic & International Studies (CSIS) for an in-person conversation on "India’s Economic Aspirations" with H.E. Nirmala Sitharaman, ...