WebMar 24, 2024 · Overview of Accounts. The Constitution of India provides for the manner in which the accounts of the Government have to be kept. Article of the Constitution provides for creation of a Consolidated Fund of India, Contingency Fund and Public Account. All revenues received, loans raised and all moneys received by the Government in … WebBelow are the mentions: Consolidated funds in India (mentioned in article 266 (1) of the constitution of India) Public account of India (mentioned in article 266 of the constitution … acid base reaction example in real life http://constitutionofindia.etal.in/article_266/ WebApr 12, 2024 · 266 (2): All other public moneys received by or on behalf of the Government of India or the Government of a State shall be credited to the public account of India or the public account of the State, as the … acid base reaction equations worksheet WebJan 7, 2024 · This fund is defined under Article 266 of the Constitution. It says that, “All revenues received by the Government of India, all loans raised by that Government by … WebApr 1, 2002 · MGP leader challenges governor's authority. TNN / Apr 2, 2002, 00:35 IST. Share. AA. panaji: the goa bench of bombay high court on monday fixed for wednesday the hearing of a petition challenging ... acid base reaction example equations WebLearn what is meant by Consolidated Fund of India, its Definition and more budget related news here at Business Standard.

WebArticle 266(1) of the Constitution of India requires revenues received (direct and indirect taxes, money borrowed) by the Government of India and expenses (receipts from loans given by the government), excluding the exceptional items, are part of consolidated fund. WebMar 24, 2024 · The Consolidated Fund was established by Article 266 (1) of the Indian Constitution. This fund is responsible for all government spending. All taxes (Income Tax, Central Excise, Customs, and other receipts) and non-tax income collected by the Centre in connection with the performance of Government business are credited to the … acid base reaction example Web266. Consolidated Funds and public accounts of India and of the States. (1) Subject to the provisions of article 267 and to the provisions of this Chapter with respect to the … WebThe Consolidated Fund of India is one of the most crucial government accounts. Direct and indirect taxes are used to finance this fund. This fund covers all of the government’s expenses. The government must get parliamentary consent before withdrawing any money from this fund. Article 266 (1) of the Indian Constitution contains provisions for ... acid-base reaction examples everyday life WebArticle 266 provides for the consolidated fund of India. The Contingency Fund of India is a special fund from which the President of India can make advances to meet urgent unforeseen expenditures in case of any contingency. The government will have to obtain authorization from the parliament later on. Article 267 provides for the contingency ... acid base reaction examples in everyday life WebAccording to Article 266 (1) of the Indian Constitution, the ‘Consolidated Fund of India’ for the Union Government includes All revenues of the funds collected by the Union government (for example, tax income from income tax, company taxation, customs and excise charges, similarly as non-tax revenue like licensing fees, dividends, and ...

WebIn this video we will talk about What is Article 266 ? What does Article 266 means ? What does Article 266 implies ? What is Consolidated fund of India ... acid-base reaction examples chemistry WebSep 26, 2024 · According to a ministry source, there was only temporary retention of the excess cess in the Consolidated Fund of India under Article 266 of the Constitution, pending reconciliation, which usually happens by the end of … acid base reaction examples in real life