Department of Finance (Kerala)

Department of Finance of State of Kerala
കേരള ധനകാര്യ വകുപ്പ്
Dhanakarya Vakkuppu
Department overview
Formed1811; 213 years ago (1811)
JurisdictionKerala
HeadquartersThiruvananthapuram
Minister responsible
  • K. N. Balagopal, Minister for Finance, Law, Commercial & Agricultural Taxes, State Treasuries, State Insurance, Stamps and Stamp Duties, Housing.
Department executive
  • Bishwanath Sinha IAS[1], Additional Chief Secretary, Revenue
Child agencies
  • National Savings Department
  • Treasuries Department
  • State Insurance Department
  • State Audit Department
Websitehttp://www.finance.kerala.gov.in/

The Department of Finance is a key ministry that manages the state finances and economy of the State of Kerala. The department is headed by a senior minister who has cabinet ranking as per Indian Cabinet Protocol Laws. The state assembly rules of 1966 ranks the department and its minister as number 3 in official rankings after Chief Minister and Opposition Leader.

The finance department manages and regulates the state economy and finances through taxation, financial legislation, financial institutions, capital markets, center and state finances, and the State Budget.