Financial Year - Law Dictionary Search Results
Financial year
Matched in: Term Financial year
Year
Matched in: Term Year
Fiscal deficit
over the sum of revenue receipts, recovery of loans and non-debt capital receipts into the fund during a financial year, Rajasthan Agricultural Produce Markets Act, 2005, s. 2(f). Means the excess of total disbursements, from the Consolidated Fund … of India, excluding repayment of debt, over total receipt into the fund (excluding the debt receipts), during a financial year, Fiscal Responsibility and Budget Management Act, 2003, s. 23(a). Means excess of total expenditure of State Govern-ment over
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Annual Financial Statement
Matched in: Term Annual Financial Statement
Budget
Budget, In U.K. budget is presented soon after the beginning of the financial year by the chancellor of exchequer. His annual financial statement known as Budget deals with resources of the country, … it is caused to be laid before both Houses of Parliament by the President in respect of every financial year on such day as he may direct, Constitution of India - Article 112, Rules of Procedure and Conduct
Ensuing year
Matched in: Term Ensuing year
Previous year
Matched in: Term Previous year
Year previous
Matched in: Term Year previous
Exceptional grant
has the power to make an exceptional grant which does not form part the current service of any financial year, Constitution of India, Art. 166. In U.K. such grants are presented either as estimates or dealt with on
Libraries (Public)
of 1892 provided that the library rate was not to exceed one penny in the pound in any financial year, and might be limited to one halfpenny by the adopting authority. This provision has been repealed by s.
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