| Finance Commission | Year of Establishment | Chairman | Operational Duration |
|---|---|---|---|
| First | 1951 | K.C.Neyogi | 1952-57 |
| Second | 1956 | K. Santhanam | 1957-62 |
| Third | 1960 | A.K. Chanda | 1962-66 |
| Fourth | 1964 | P.V. Rajamannar | 1966-69 |
| Fifth | 1968 | Mahaveer Tyagi | 1969-74 |
| Sixth | 1972 | K. Brahmananda Reddy | 1974-79 |
| Seventh | 1977 | J.M. Shelat | 1979-84 |
| Eighth | 1983 | Y.B. Chavan | 1984-89 |
| Ninth | 1987 | N.K.P. Salve | 1989-95 |
| Tenth | 1992 | K.C.Panth | 1995-20 |
| Eleventh | 1998 | A.M. Khusro | 2000-05 |
| Twelfth | 2002 | C. Rangarajan | 2005-10 |
| Thirteenth | 2007 | Dr. Vijay L.Kelkar | 2010-15 |
| Fourteenth | 2013 | Dr.Y.V. Reddy | 2015-20 |
| Fifteenth | 2017 | N.K. Singh | 2020-26 |
| Sixteenth | 2023 | Dr. Arvind Panagariya | 2026-31 |
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Central Finance Commissions since Independance
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